RLPC-Dubai Dewa's $2 bln Islamic loan syndicates -sources

LONDON, Feb 18 (Reuters) - State-owned utility Dubai Electricity and Water Authority (Dewa) has launched the first stage of syndication for its $2 billion, one-year Islamic loan, banking sources said on Monday.

As previously reported, arranging banks are ABN AMRO, Dubai Islamic Bank investment arm Millennium Capital and Standard Chartered.

The deal, which will be used for expansion, is guaranteed by the government of Dubai. (Reporting by Christopher Mangham, editing by Will Waterman)