SWPC achieves financial close for 90,000-cu m/day Tabuk-2 ...United Arab Emirates

Local News by : (ME CONSTRUCTION NEWS) -
Saudi Water Partnerships Company (SWPC) has said that it has successfully achieved financial close for the Tabuk-2 project with the participation of success partners from the relevant authorities such as the Supervisory committee at the Ministry of Environment, Water and Agriculture, developers and the project consultants. The Tabuk-2 project is an Independent Sewage Treatment Plant with a 90,000-cu m per day capacity. It will be developed by a consortium led by Spanish infrastructure major ACCIONA at a total investment of $146.4 million. The ACCIONA consortium, which comprises local partners Tawzea and Tamasuk, will then operate it for a period of 25 years from the commercial operation date

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