IJGlobal Awards 2018 – Middle East & North Africa

Another year, another set of outstanding transactions reaching financial close in the Middle East & North Africa.

The IJGlobal Awards 2018 dinner for the MENA region has just come to an end in Dubai. A packed ballroom at the Jumeriah Emirates Towers has witnessed the presentation of trophies for best deals and companies in the region.

Here are all the winning deals:

  • MENA Water Deal of the Year – Salalah IWP
  • MENA Waste Deal of the Year – Sharjah Waste-to-Energy Company
  • MENA Mining & Metals Deal of the Year – Emirates Steel Refinancing
  • MENA Downstream Oil & Gas Deal of the Year – Duqm Refinery Project
  • MENA Midstream Oil & Gas Deal of the Year – KIPIC Al Zour LNG
  • MENA Petrochemicals Deal of the Year – Farabi Yanbu
  • MENA M&A Deal of the Year - BHGE acquisition of a 5% stake in ADNOC Drilling 
  • MENA Transport Deal of the Year – Queen Alia International Shareholder Restructuring
  • MENA Refinancing Deal of the Year – Al Dur Power & Water Company
  • MENA Power Deal of the Year – Sakaka Solar PV

And here are all the winning companies:

  • MENA Financial Adviser of the Year – SMBC
  • MENA Technical Adviser of the Year – Mott MacDonald
  • MENA DFI of the Year – IFC
  • MENA Legal Adviser of the Year – Allen & Overy
  • MENA MLA of the Year – Standard Chartered
  • MENA Sponsor of the Year – ACWA Power

Congratulations to all the winners!

Transaction SnapshotMussafah Emirates Steel Refinancing

Financial Close:
01/10/2009
SPV:
Emirates Steel Industries PJSC
Value:
$700.00m USD
Debt:
$700.00m
Debt/Equity Ratio:
100:0
Full Details

Transaction SnapshotDuqm Oil Refinery

Financial Close:
05/11/2018
SPV:
Duqm Refinery and Petroleum Company
Value:
$8,710.00m USD
Equity:
$4,100.00m
Debt:
$4,610.00m
Debt/Equity Ratio:
53:47
Full Details

Transaction SnapshotSharjah Waste-to-Energy Plant (30MW)

Financial Close:
13/12/2018
SPV:
Sharjah Waste to Energy Company LLC
Value:
$225.00m USD
Equity:
$62.00m
Debt:
$163.00m
Debt/Equity Ratio:
72:28
Concession Period:
25.02 years
Full Details

Transaction SnapshotSakaka PV Solar Plant (300MW) IPP

Financial Close:
16/11/2018
Value:
$320.00m USD
Equity:
$80.00m
Debt:
$240.00m
Debt/Equity Ratio:
75:25
Full Details

Transaction SnapshotAcquisition of Queen Alia International Airport

Financial Close:
19/04/2018
Value:
$545.88m USD
Equity:
$545.88m
Debt:
$0.00m
Debt/Equity Ratio:
0:100
Concession Period:
25.02 years
PPP:
Yes
Full Details

Transaction SnapshotAl Zour LNG Import Terminal

Financial Close:
31/08/2018
Value:
$3,673.00m USD
Equity:
$1,102.00m
Debt:
$2,571.00m
Debt/Equity Ratio:
70:30
Full Details

Transaction SnapshotSalalah Desalination Plant IWP

Financial Close:
14/08/2018
Value:
$121.17m USD
Equity:
$0.00m
Debt:
$121.17m
Debt/Equity Ratio:
100:0
Full Details

Transaction SnapshotFPC Yanbu Petrochemical Complex

Financial Close:
10/12/2018
Value:
$906.26m USD
Equity:
$333.18m
Debt:
$573.07m
Debt/Equity Ratio:
63:37
Full Details

Transaction SnapshotAl Dur IWPP (1234MW) Refinancing 2018

Financial Close:
22/12/2018
Value:
$1,300.30m USD
Equity:
$0.00m
Debt:
$1,300.30m
Debt/Equity Ratio:
100:0
Full Details