Regulatory Filings • Jun 17, 2009
Regulatory Filings
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GDF SUEZ has entered into an agreement with Marubeni Corporation ('Marubeni') who is taking a 20% participation in Shuweihat 2, a greenfield, natural gas-fired installation located in Abu Dhabi, that will deliver 1,500 MW of electricity and 454,610m³/day of water. GDF SUEZ is the original developer and now owns 20% of the project, Marubeni 20% and Abu Dhabi Water and Electricity Authority (ADWEA) the remaining 60%. Operation of the plant will be managed by a company jointly established between GDF SUEZ and Marubeni.
Marubeni is already a partner of GDF SUEZ in Senoko, Singapore's largest power company, which was acquired in September last year. Partnering with Marubeni gives the possibility to access additional export credit agencies financing options.
In January 2009, despite the difficult financing environment, GDF SUEZ and ADWEA successfully secured a 900 million USD Interim Bridge Loan Facility with Calyon, Natixis, Bayerische Landesbank, National Bank of Abu Dhabi, Standard Chartered Bank and KfW covering all the ongoing project costs.
With over 15 years of experience in the Gulf countries, GDF SUEZ is the leading private power developer with a direct equity interest in nearly 14,000 MW and more than 2.5 million m³ of water per day of desalination capacity. The Group treats over 400,000 m3 /day of recycled and reused water and offers engineering and waste management solutions.
One of the leading energy providers in the world, GDF SUEZ is active across the entire energy value chain, in electricity and natural gas, upstream and downstream. It develops its businesses (energy, energy services and environment) around a responsible growth model to take up the great challenges: responding to energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. GDF SUEZ relies on diversified supply sources as well as flexible and high-performance power generation in order to provide innovative energy solutions to individuals, cities and businesses. The Group employs 200,000 people worldwide and achieved revenues of €83.1 billion in 2008. GDF SUEZ is listed on the Brussels, Luxembourg and Paris stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Stoxx, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and ASPI Eurozone.
For more information about GDF SUEZ, visit www.gdfsuez.com
Tel France: +33 (0)1 57 04 24 35 Tel Belgium: +32 2 510 76 70 E-Mail: [email protected]
E-Mail: [email protected]
GDF SUEZ Energy International:
External Communications Tel: +32 2 510 7069 E-Mail: [email protected]
SIÈGE SOCIAL GDF SUEZ 22, rue du Docteur Lancereaux - 75392 Paris Cedex 08 - France Tél. +33 (0)1 57 04 00 00 GDF SUEZ - SA AU CAPITAL 2 191 532 680 EUROS - RCS PARIS 542 107 651 www.gdfsuez.com
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