
(From left to right) Luis Rein, managing director Infrastructure Concessions, Grupo Cobra; Rashid Al Baloushi, chairman of Utico Middle East; and Richard Menezes, Utico?s managing director, sign the shareholders? agreement in Dubai. (Image source: Utico Middle East)
Utico Middle East, GCC?s private utility and solutions provider, and Spanish energy firm Grupo Cobra have announced the first private joint venture in the Middle East to build a US$195.7mn water desalination plant in Ras Al Khaimah