Contracts
      
     

The main Shuweihat S1 Project documents are, as follows:

  • Power and Water Purchase Agreement (“PWPA”): Between ADWEC (as the procurer of power and water) and the Project Company. This agreement covers the sale of power and water and the supply of fuel. There is no separate fuel supply agreement;

  • Turnkey Agreement (“EPC Contract”): Joint and several obligation between Siemens AG and Fisia Italimpianti (together the ‘EPC Contractor’) and the Project Company;

  • Operations and Maintenance Agreement (“O&M Agreement”): Between an indirectly, wholly owned subsidiary of CMS Generation and International Power, and the Project Company;

  • S1 Shareholders Agreement: Between the three shareholders of the Project Company;

  • Land Lease Agreement: Between the Project Company and ADWEA;

  • Shared Facilities Company Shareholders Agreement: Between Abu Dhabi Power Corporation (“ADPC”) and Shuweihat CMS International Power Company (“SCIPCo”) which will own 66.7% and 33.3% of the shares in the SF Company, respectively.

  • Shared Facilities Lease Agreement: Between the SF Company and ADWEA.

The Project Structure is illustrated below:
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