Operis acted as model auditors for the Ras Abu Fontas water project, which successfully reached financial close in March 2008.

This project involves the construction of a water desalination plant in Qatar, which is capable of producing a daily water supply of 45 million gallons of water. The current demand is only just met by the existing water supply network, and the development of this plant is intended to meet the anticipated increase in demand caused by the surging real estate and industrial sectors in Qatar.

The project was funded by several international banks, including the Qatar Islamic Bank (QIB), Gulf International Bank, Doha Bank, Standard Chartered, Royal Bank of Scotland and Bank of Tokyo Mitsubishi.

Construction of the project is slated to start in May 2007 and the plant is scheduled to begin operations in July 2009.

 

CONTACT US

Please get in touch with either of our regional offices.

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Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

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Carmen Wade
Financial Advisory, Head of North America

+1 647 243 3840

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Jun Tao
Global Head of Model Audit & Financial Modelling

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Mark Southall
Associate Director - Model Audit & Financial Modelling

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Operis Europe

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Operis North America

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Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

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Chris Aldred
Director

+44 207 562 0433

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