Client has appointed the UK’s EY as lead and financial adviser, UK-based CMS as legal adviser and Canada’s WSP as technical adviser for the scheme. Advisory services provided by the consortium include reviewing existing UAE legislation and regulatory framework, IWP developer tender document preparation, soliciting development and investment market interest, financial model development, and IWP developer tender submission management and evaluation. The consortium is also tasked with the development of supplemental agreements, commercial negotiation, concluding a water purchase agreement, and financial closure with the developer. Also included in their scope is the preparation of a project marketing plan, participating in marketing activities, local and international roadshows, workshops, and the provision of training for the IWP concept.
Client has announced the commencement of a competitive tender process to select a suitable developer/developers or developer consortium/consortia to share ownership of project company/companies to be incorporated in accordance with Dubai and UAE laws to build and operate this plant. Water generated by the project will be purchased by the client under a long-term Water Purchase Agreement (WPA). Interested parties, having experience of undertaking similar projects, are invited to submit an Expression of Interest (EOI) in an electronic copy by email to be received by the client no later than July 09, 2019. EOIs should be submitted for the attention of: Mr. Waleed Salman, Executive Vice President - Business Development & Excellence, Dubai Electricity & Water Authority, P.O.Box - 564, Dubai, UAE, in an electronic copy sent to: [email protected] and copy to [email protected] and [email protected] The EOI must include company name, brief description of activity, country of company headquarters, primary contact person, address, direct telephone number, mobile number, fax number and email address. Upon receipt of the EOI, client will duly register the interest expressed for further consideration. Client intends providing additional information on the subsequent process and procedures in due course, upon receipt of a confidentiality undertaking.
Client has announced the commencement of a competitive tender process to select a suitable developer/developers or developer consortium/consortia to share ownership of project company/companies to be incorporated in accordance with Dubai and UAE laws to build and operate this plant. Water generated by the project will be purchased by the client under a long-term Water Purchase Agreement (WPA). Interested parties, having experience of undertaking similar projects, are invited to submit an Expression of Interest (EOI) in an electronic copy by email to be received by the client no later than July 09, 2019. EOIs should be submitted for the attention of: Mr. Waleed Salman, Executive Vice President - Business Development & Excellence, Dubai Electricity & Water Authority, P.O.Box - 564, Dubai, UAE, in an electronic copy sent to: [email protected] and copy to [email protected] and [email protected]
The EOI must include company name, brief description of activity, country of company headquarters, primary contact person, address, direct telephone number, mobile number, fax number and email address. Upon receipt of the EOI, client will duly register the interest expressed for further consideration. Client intends providing additional information on the subsequent process and procedures in due course, upon receipt of a confidentiality undertaking.
May
15
2024
Wednesday
LAST UPDATED
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