Masdar partners with Emirates Steel Arkan to develop green hydrogen project
November 22, 2023 Abu Dhabi’s clean energy company Masdar is teaming up with Emirates Steel Arkan to develop a green hydrogen project to decarbonise the hard-to-abate steel sector in the UAE. The pilot project, which is being hailed as the first of its kind in the Mena region, will be located at Emirates Steel’s production units in the Industrial City of Abu Dhabi…
ADIA exploring investing in energy transition opportunities
November 10, 2023 Abu Dhabi Investment Authority (ADIA), one of the world's biggest sovereign wealth funds, is exploring opportunities to invest in energy transition as the global landscape shifts to investments in greener and more sustainable projects and technology. The wealth fund, which is a consistent investor in the renewable energy sector, held an energy transition summit in Abu Dhabi…
PIF raises stake in luxury carmaker Aston Martin
November 09, 2023 Saudi Arabia’s sovereign wealth fund, PIF, has raised its stake in luxury carmaker Aston Martin to 20.5% from 17.9%, a bourse filing at the London Stock Exchange showed. With a 2.6% increase in its holdings, the Public Investment Fund now holds a greater share in the UK-firm than Geely and Chinese entrepreneur Shufu Li. Read the original…
Masdar wins bid for $1 billion solar plant in Saudi Arabia
November 08, 2023 Abu Dhabi state-owned renewable energy firm Masdar, along with two other companies, has won a bid to develop and operate a $1 billion solar plant in Saudi Arabia. The consortium of the UAE firm, France’s EDF Renewables and Saudi conglomerate Nesma Company has signed a power purchase agreement (PPA) with the Saudi Power Procurement Company (SPPC) to…
Brookfield and QIA invest £400 million in Canary Wharf Group
October 25, 2023 Canary Wharf Group, the developer of London’s dockland financial district, has received a fresh equity injection from its shareholders, as the area contends with high-profile departures and a shift to working from home. Brookfield and the Qatar Investment Authority have committed to a £300 million ($364 million) equity injection for the firm as well as a £100 million revolving…
Venturing Forth: prospects for the Private Equity and Venture Capital market in the Middle East
August 3, 2021 (Dubai) In an interview by MEA Finance Magazine, Greenstone Equity Partners' Chairman, CEO and Founder Alex Gemici, paints a detailed picture of the prospects for the Private Equity and Venture Capital market in the Middle East. Highlights from the interview include: Commenting on the expectation that Private Equity firms to become more involved in M&A in the…
Private Equity Headwinds?
July 27, 2021 (Dubai) An opinion piece by Alex Gemici, Chairman & CEO, Greenstone Equity Partners The market to acquire or invest into middle market companies, the primary strategy of private equity funds, is overheated with ever increasing valuations which make it hard to identify attractive opportunities for the funds to generate the expected returns for investors. The unofficial motto for the…
Fundamentals key in identifying successful IPO investment opportunities
July 11, 2021 (Dubai) Greenstone Equity Partners shares it's depth and breadth of expert industry knowledge on initial public offerings (IPO), and is leading the dialogue when it comes to challenges faced by investors looking to identify companies with positive long-term prospects when listing. Whilst IPOs are the cornerstone of modern equity markets and have the potential to provide large…
Greenstone Equity Partners supports Arden Group final close of Arden Real Estate Partners, III L.P. at $500 million in equity
June 22, 2021 (Dubai) Earlier this month, Arden Group announced the final close of the firm’s third fully discretionary equity fund, Arden Real Estate Partners, III L.P., at $500 million. Greenstone Equity Partners supported Arden in achieving fund closure by raising capital from its network of GCC-based institutional investors. Craig A. Spencer, Arden’s CEO, stated: although the global pandemic slowed…