Jones Day advises sponsors on closing of Jeddah Airport 2 ISTP project

Jones Day advises sponsors on closing of Jeddah Airport 2 ISTP project

JEDDAH — Jones Day has acted as legal counsel on the financial closing of the Kingdom of Saudi Arabia's largest privately-financed sewage treatment plant, the Jeddah Airport 2 ISTP. The project forms part of the Saudi government's Vision 2030 and will bring significant benefits to the city of Jeddah.Jones Day acted on all aspects of the Jeddah A2 ISTP for the consortium of sponsors who are investing in the plant, consisting of The Power and Water Utility Company for Jubail and Yanbu (Marafiq), AlAmwal AlKhaleejiah AlThaniya and Veolia Middle East.The firm advised as international