News
25 August 2017

Kuwait cancels AZN2 IWPP

In:
Power
Region:
Middle East & Africa

Kuwait Authority for Partnership Projects (KAPP) has announced the cancellation of the Az Zour North 2 IWPP (AZN2). The project was being structured under Kuwait’s PPP law and stalled when the sponsors questioned a proposed 10% cut in termination payments to 90%, and the inability to terminate...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
05 March 2026

Bhutan’s Dorjilung hydro opens a PPP market

The Dorjilung hydroelectric financing moved away from sovereign-backed debt towards a blended PPP structure combining concessional capital, multilateral lending and private...

Perspective
13 March 2026

Proximo Deals of the Year 2025: Live lessons

The deals that impressed - sometimes for size but more often for innovation - in 2025. With the project finance market looking to build resilience, these were the lessons...