EWEC and ACWA secure $869 mln for Abu Dhabi desalination plant - Reuters:
Emirates Water and Electricity Company (EWEC) and Saudi Arabia’s ACWA Power said on Saturday they had secured financing of 3.19 billion dirhams ($869 million) for Abu Dhabi’s Taweelah water desalination plant.
The project would be the world’s largest reverse osmosis desalination plant, the two companies said in a statement.
Abu Dhabi, capital of the United Arab Emirates, is building the Taweelah water desalination plant independent of a power generation plant for the first time. It has traditionally built water and power plants side by side.
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