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.
To see a list of investors from the Middle East similar to MENA Infrastructure Fund, check our Middle East Investors Directory.
More details follows:
Previous Post: BECO Capital and Dubai angel investors invested $1 million in TravelerVIP.com
Next Post: Middle East Venture Partners invested in 3 new firms