Al Dur Phase II – Breaking new boundaries

The closing in July 2019 of the Electricity & Water Authority’s US$1.1bn, 1,500MW power and 50MIGD water desalination project, the Al Dur Phase II IWPP, marks a landmark transaction in the Kingdom of Bahrain. By Ali Ayub, director, and Sawan Kumar, senior manager, in ACWA Power’s acquisitions and project finance team, and Nazli Okusluk, senior manager in ACWA Power’s legal finance team.