- 14 Oct 2022
- Abu Dhabi, UAE
TAQA Secures AED 4.0 billion Project Financing for Mirfa International Power & Water Plant
Abu Dhabi, UAE – September 21, 2022: Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utility companies in the Europe, Middle East and Africa region, has announced that the Mirfa International Power & Water Company (MIPCO), the project company that owns and operates the Mirfa Power & Water Plant (Mirfa IWPP), successfully completed refinancing of AED 4 billion (USD 1.09 billion).
This long-term financing is denominated in USD and is slated to mature on September 30, 2042. Nine international and regional lenders participated in this refinancing.