Standard Chartered acts as Mandated Lead Arranger for refinancing of UAE Waste-to-Energy Plant
USD294M
Deal Value
30 MW
Capacity
Emirates Waste to Energy Company secured AED 294 million refinancing for its Sharjah Waste-to-Energy plant. Standard Chartered Bank acted as a Mandated Lead Arranger for the deal.
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Counterparts (6)
Mandated Lead Arranger
Standard Chartered Bank
Standard Chartered is a global bank connecting corporate, institutional and affluent clients to a network that offers access to sustainable growth opportunities across Asia, Africa and the Middle East. They combine cross-border capabilities with wealth management expertise.
Abu Dhabi Commercial Bank
Abu Dhabi Commercial Bank (ADCB) is a full-service commercial bank that provides a range of financial services to individuals, SMEs, and corporations. While specific details on their renewables investment strategy are not readily available, they likely participate in financing renewable energy projects as part of their corporate banking activities.
Commercial Bank of Dubai
Commercial Bank of Dubai (CBD) is a leading bank in the UAE, offering a range of financial products and services to individuals and businesses. They provide project finance and other financial solutions relevant to infrastructure projects.
owner
Emirates Waste to Energy Company
Emirates Waste to Energy Company focuses on developing waste-to-energy projects, converting waste into a valuable energy source. Their strategy involves building and operating facilities that reduce landfill waste and generate clean energy.
Masdar
Masdar is a clean energy pioneer positioning the UAE at the forefront of the worldwide energy transition. They deploy renewable energy projects and realize low-carbon urban development, supporting over 40 countries in their energy transition.
Bee'ah
Bee'ah is a Middle East-based sustainability pioneer, focusing on waste management, recycling, renewable energy, and environmental solutions. They are expanding their operations and developing new projects in the region.
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Announced
Apr 29, 2024
Signed
Closed
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