Saudi Arabia’s Water & Electricity Company (SWPC) has announced it has appointed an international advisory consortium for the Jubail (Phase-3) Independent Water Projects (IWP).
The company had received ten bids for the Transaction Advisory Services, of which three were shortlisted:
- Synergy Consulting
- SMBC
- Cranmore Partner
The two desalination projects will be built in Jubail, in the eastern province on the Persian Gulf Coast of Saudi Arabia.
Jubail 3A will have a potable water capacity of 600,000 cubic metres per day and Jubail 3B will have a capacity of 570,000 cubic metres per day.
Water & Electricity Company is advised by Synergy Consulting (Financial and Lead Advisor), DLA Piper Middle East LLP (Legal Adviser) and Atkins (Technical Adviser).
