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Shuweihat plant achieves commercial operational status

ABU DHABI, September 17, 2014

The Shuweihat S3 Power Plant in Abu Dhabi, UAE, has achieved commercial operational status, adding key power generation capacity to the emirate.

International law firm Trowers & Hamlins advised the project sponsors, a consortium comprising Sumitomo Corporation and the Korea Electric Power Corporation (Kepco), as UAE counsel on the $1.5 billion greenfield S3 project, said a statement.

The firm advised on all project matters up to successful financial close, which was achieved on May 19, 2011. 

It was then subsequently retained as UAE counsel to the project company, Shuweihat Asia Power Company (Sapco), which includes its shareholders Sumitomo, Kepco and a wholly-owned subsidiary of Abu Dhabi Water & Electricity Authority (Adwea).

Situated approximately 260 km west of Abu Dhabi, the S3 combined cycle power plant has an installed generating capacity of 1,600 MW.  The plant is owned by Sapco and operated by Shuweihat Asia O&M Company.
 
Saleem Adam, international corporate partner at Trowers & Hamlins, said: "It is very satisfying to see this project reach fruition and we are pleased to have been involved.  Abu Dhabi is growing at fast pace, and in addition to supporting increasing power demand from the Emirate's rapidly expanding population, the plant will also deliver power to the expanding industry in the region." - TradeArabia News Service




Tags: power | operational | status | plant | Shuweihat |

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