Skip to main content

Chadbourne & Parke has represented a consortium consisting of SUEZ, ITOCHU Corporation, Engie Energy International and W.J. Towell & Co., on the development and financing of the $300 million Barka independent water project in Oman.

The project is being implemented on a build-own-operate basis pursuant to the terms of a water purchase agreement with the Oman Power and Water Procurement Company (OPWP). It is anticipated that the plant, with a capacity of 281,000 cubic metres per day of potable water output, will be operational in April 2018.

The demand for potable water in Oman's northern region is projected to grow by six per cent per year, according to a seven-year outlook for power and water demand released by OPWP last year.

The Chadbourne team included partners Richard Keenan and Derek Kirton.

Related Articles

Deals

Khaitan, JSA, Hogan Lovells guide $515 mln Waaree IPO

by Nimitt Dixit |

Khaitan & Co has advised Waaree Energies, India's largest manufacturer and exporter of solar modules, on its $515 million initial public offering, with JSA Advocates & Solicitors and Hogan Lovells guiding the bookrunning lead managers.

Deals

CAM, Khaitan guide Adani-backed Renew Exim’s $380 mln ITD acquisition

by Nimitt Dixit |

Cyril Amarchand Mangaldas has advised Adani Group's Dubai-based firm Renew Exim DMCC on its acquisition of a 46.64 percent stake in ITD Cementation India for around $380 million from Italian-Thai Development Public Company, who was represented by Khaitan & Co.

Deals

CAM, AZB, SAM, Latham advise on landmark $1.3 bln Swiggy IPO

by Nimitt Dixit |

Cyril Amarchand Mangaldas is advising SoftBank-backed Indian food and grocery delivery giant Swiggy on its much-anticipated initial public offering worth $1.3 billion, with AZB & Partners and Latham & Watkins advising the bookrunning lead managers.