SMBC group has a strong franchise supporting international developers in bidding for power and desalination facilities in the Middle East. SMBC group is involved in the vast majority of project bid situations in the Middle East. Successes in recent years include supporting the winning bidders for the Fujairah F2 IWPP (UAE), Barka 2/ Rusail IWPP (Oman), Amman East IPP (Jordan), Al Hidd IPP (Bahrain) and Umm Al Nar IWPP (UAE). Other activities in the utility sector involve non-recourse financing of projects supplying industrial gases, district cooling and waste water facilities, especially in the Middle East. SMBC group also has significant experience in the European power sector. The integrated nature of the energy team and its deep knowledge of the energy value chain give it a competitive advantage in structuring facilities for borrowers located in deregulated markets.