MENA Infrastructure Fund acquired 20% of Sohar Power Company
MENA Infrastructure Fund, the Dubai-based private equity fund sponsored by HSBC, Waha Capital and Fajr Capital, has acquired 20% of Sohar Power Company.
The $300 million MENA Infrastructure Fund LP was launched in 2007. The Sohar Power acquisition marks the fund’s fourth major investment, having previously acquired stakes in Alexandria International Container Terminals in Egypt, United Power Company in Oman and Hajr Electricity Production Company in Saudi Arabia.
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More details follows:
June 2, 2013 |
Filed under Dubai Venture Capital Firms, Mena Infrastructure Fund, Middle East Private Equity
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