MENA Infrastructure Fund LP has sold its 38.1% stake in Omani utility United Power Company SAOG to Khaled Juffali Energy and Utilities, a Saudi Arabian power company.
MENA Infrastructure Fund LP has divested its 30.33% stake in Alexandria International Container Terminals (“AICT”) to Hutchison Port Holdings following a competitive sale process. The transaction completed on Friday 26th of February 2016.
MENA Infrastructure Fund LP, the leading specialist infrastructure private equity fund, sponsored by Waha Capital PJSC, Fajr Capital Ltd and HSBC Group, has acquired a 20% shareholding in Sohar Power Company SAOG.
MENA Infrastructure Fund, the infrastructure equity fund sponsored by HSBC, Waha Capital and Dubai International Capital, has acquired 32.8% of United Power Company SAOG (UPC) for $26.5 million.
Acquisition of equity stake in Alexandria International Container Terminals SAE, Egypt. First investment by $500 million fund