The financing facility is one of the largest secured overnight funding rate (SOFR) based facilities of its size for a leveraged buyout transaction in the region
Apicorp
AB Talks: The Middle East energy transition is not a “zero sum game” and needs to be more inclusive
Dr Ahmed Ali Attiga, the CEO of the Arab Petroleum Investments Corporation (APICORP) talks to Arabian Business about energy diversification strategies, private sector partnerships, the repercussions of the Russia-Ukraine crisis, and other challenges facing the energy sector in 2022
Over $800 billion to be invested in MENA energy sectors in next five years, APICORP report says
As the global economy and energy markets continue to recover from the damage coronavirus wreaked last year, investors are looking to the future, and it’s increasingly green
Clean energy goals rest on more efficient power plants
Siemens has been focusing on extracting efficiency from its turbines to improve the efficiency of existing power plants critical to governments and utilities
$209bn MENA power investment needed over next five years
Arab Petroleum Investments Corporation estimates that investment in the MENA energy sector could reach $1trn
Saudi clean energy developer signs $75m financing deal
Clean energy developer Alfanar has inked a $75m Murabaha financing facility with the Arab Petroleum Investments Corporation
UAE solar firm Yellow Door Energy secures $65m investments
Arab Petroleum Investments Corporation says among investors in Series A funding round
Gulf-backed Apicorp says to invest $1bn in energy projects in 2019.
New investments will diversify the portfolio away from the oil-rich Gulf and into Iraq, Libya, Egypt, Morocco and the US