Abu Dhabi Retirement Pensions and Benefits Fund agrees to acquire 3% stake in ADNOC pipeline assets
Abu Dhabi Retirement Pensions and Benefits Fund has entered into an agreement to acquire 3% stakes in Abu Dhabi National Oil Co.'s midstream pipeline assets for a total consideration of US$300 million.
The Fund will acquire interest in ADNOC Oil Pipelines following the investments from KKR & Co. and BlackRock Inc.
Country updates
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April 08, 2019
Financial Close for 950-MW solar project in Dubai
Dubai Electricity and Water Authority (DEWA) and Saudi Arabia’s ACWA Power have announced the financial closure of the 950-MW Phase IV of Mohammed bin Rashid Al Maktoum Solar Park in Dubai.
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March 15, 2019
DEWA launches RFQ for 900MW 5th phase of Mohammed bin Rashid Al Maktoum Solar Park
Dubai Electricity and Water Authority (DEWA) has issued a Request for Qualification (RFQ) for developers to build and operate the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park, with a c...
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February 28, 2019
Ewec launches RFEOI for solar PV project in Abu Dhabi
Emirates Water & Electricity Company (Ewec) has launched a request for expression of interest (RFEOI) from interested independent power project (IPP) developer to build a 2 GW solar photovoltaic p...
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February 26, 2019
BlackRock and KKR invest US$4 billion in midstream assets in Abu Dhabi
Abu Dhabi National Oil Company (ADNOC) has announced that it has entered into a landmark multi-billion-dollar midstream pipeline infrastructure partnership with KKR and BlackRock, two American institu...
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February 21, 2019
Aalborg's steam generators selected for 950 MW Phase IV of Mohammed bin Rashid Al Maktoum
Aalborg CSP signs 600 MWe order with Shanghai Electric for no-leaks steam generation systems to 950 MW Phase IV of Mohammed bin Rashid Al Maktoum Solar Park.
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