Commercial Consultant Advisor

- Dubai Electricity & Water Authority (DEWA) has identified solar as an important part of its portfolio of energy generation.
- DEWA appointed KPMG lead advisory team
- The advisers were given a tight timeline of 12 months to help select the IPP developed and achieve financial closure
- Being the first IPP in Dubai, the 200MW DEWA Solar IPP Phase II project is the largest utility-scale solar plant in the world competitively tendered in a single phase, and the first and largest in the Middle East
- This project led to an announcement of several solar projects in the region and the DEWA project has become a globally recognized case study. DEWA too has launched an even more ambitious project for setting up of an 800 MW PV IPP project.