Abu Dhabi's Shuweihat 2 (S2) power and water plant plans to price a project bond worth up to $825 million on Thursday, arranging banks said.
S2 is 54 per cent owned by Abu Dhabi National Energy Co (Taqa). Early price talk for
The financing for the $3.2 billion Shuweihat 2 power project in Abu Dhabi is expected to be closed by mid-July, with six banks to commit to the remaining $1.1 billion commercial loan, said a report.
Each bank will make an investment of abo