Refinancing of Sohar IWPP - Suez Energy International

IPA prepared long-term water and electricity dispatch and capacity expansion models to allow the owners and lenders to take a view on the residual cashflow of Suez’s Independent Water and Power Project after the expiry in 2022 of its Power and Water Purchase Agreement with Oman’s Power and Water Procurement Company.  IPA Energy + Water Economics delivered an extensive report and managed liaison with lenders.  Suez closed the $450 million refinancing of this 585 MW/33 million gallons per day facility in April 2008.