Developers, which express interest in F2, will be given a statement of qualifications to be submitted by 25 October. The request for proposals is expected to be issued to qualified companies by the end of the year.

As with previous ADWEA IWPPs, the successful bidder will take a 40 per cent stake in

a new project company, which will build, own and operate the plant. The project company

will sign a power and water purchase agreement with ADWEA, which will also be responsible for the supply of the gas feedstock.

ADWEA has retained the same advisory team on F2 as for its recent IWPPs. It is made up of HSBC (financial), Fichtner (technical) and White & Case (legal).