Biography: Formerly general consul for International Power (IP) in Abu Dhabi, David Wadham came to Ashurst in 2006 with significant experience in the Middle East projects market.
Alongside Joss Dare, who specialises in the infrastructure sector, Wadham has boosted Ashurst’s regional project finance capabilities since launching the Dubai office in 2005. His clients include IP, Calyon, Citigroup, JBIC and Marubeni.
He specialises in the power sector and has worked on the $2.96bn financing for the Fujairah F2 independent water and power project (IWPP) in the UAE, and represented the sponsors on the $1.8bn conventional and Islamic financing for Umm al-Nar IWPP in the UAE and the Ras Laffan B IWPP in Qatar.
He is currently advising the commercial and export credit agency lenders on the $3bn Ras al-Zour IWPP in Saudi Arabia, and the lenders on a bid for the Shuweihat S2 IWPP in the UAE.
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