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Business & Management

The upgrade of the note principally reflects Standard & Poors (S&P) assessment that Dubai Electricity and Water Authoritys (DEWA) stand-alone credit profile (SACP) which has improved.

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The largest photovoltaic (PV) plant in the MENA region located in Masdar City has hit all performance targets in the first two years of its operations and has become a net exporter of energy to to Abu Dhabi electrical grid, Masdar announced.

The Shuweihat 3 Independent Power Plant (IPP) project reached financial closure after a delay which makes it the worlds biggest power project financing this year.

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