UAE power plant JV may issue project bond in 2016 -chairman

October 5, 2015 9:11 AM

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ABU DHABI Oct 5 Emirates SembCorp Water & Power, a joint venture behind the Fujairah 1 independent water and power plant, is considering issuing a project bond, its chairman told Reuters on Monday.

The bond may launch early in 2016 and would be used to refinance debt, Faisal Najed, chairman of Emirates SembCorp Water & Power, said on the sidelines of a conference in Abu Dhabi.

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