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US$1.6bln raised to finance Al Dur project

Posted on 28 July 2009

From Gulf-daily-news.com: Gulf Investment Corporation (GIC) and GDF Suez have raised $1.6 billion for the financing of the $2.1bn Al Dur water and power project.
Al Dur Independent Water and Power Producer project is the largest privately-owned industrial development in Bahrain. Financing a project of this size is a landmark in the financial markets after the advent of the economic crisis………..Full Article: Source

 
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