Akin Gump Clients ADWEA and ADWEC Achieve Financial Closing for World’s Largest Solar Power Project in Abu Dhabi
(Abu Dhabi) – Akin Gump clients Abu Dhabi Water & Electricity Authority (ADWEA) and Abu Dhabi Water & Electricity Company (ADWEC) successfully achieved financial closing for the 1,177 MW Sweihan Solar PV Independent Power Project in Abu Dhabi. As of this date, the project will be the world’s largest solar plant. The Sweihan project represents an important part of the United Arab Emirates’ clean energy plans and enhances Abu Dhabi’s regional leadership in sustainability.
Chadi Salloum, co-partner in charge of Akin Gump’s Abu Dhabi office; Ed Zaelke, chair of Akin Gump’s global project finance practice; and Dan Sinaiko, partner in the firm's global project finance practice, led the deal team for Akin Gump. They were supported by partner Thomas Dupuis, senior counsel Shawn Davis and David Lee, counsel Nidal Daraiseh and Inderveer Hothi and associate Jeff Quinn-Cane.
To learn more about the project and Akin Gump’s involvement, please click here.
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