by Meishi Meishi No Comments

Cranmore principals Yusuf Macun (Managing Partner) and Richa Prasad (Partner) have published an article on Project Finance International following the closing of the Fujairah 3 IPP. The project exemplifies how gas-fired IPPs can remain competitive even with record-low prices in renewables. In the article, we discuss key parameters of the project and the key learnings from successfully reaching financial close in the midst of the Covid-19 pandemic.

The article is available on the PFI website or downloaded as PDF from the following links:

Fujairah 3 – PFI Article

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