Connecting GCC investors with leading global fund managers

United Arab Emirates' renewable energy company Masdar said on Thursday it had fully acquired Greece's Terna Energy, after buying a majority stake last year, a further step in its international expansion strategy. Masdar, seeking to capitalise on opportunities in a sector hit by high interest rates and rising debt costs, has been growing its presence in European markets in recent months. It acquired 70% of Ternain Novemberat 20 euros a share, which it had said gave Terna an enterprise value of 3.2 billion euros ($3.52 billion) and an equity valuation of 2.4 billion euros. Read the original article in Reuters: UAE renewable energy firm Masdar completes purchase of Greece's Terna Energy

Abu Dhabi-based ADQ and U.S. private equity firm Energy Capital Partners (ECP) have announced a 50-50 partnership to develop new power generation and energy infrastructure, aiming to address the rising electricity demands of data centers and energy-intensive industries. The joint venture will focus primarily on the U.S. market, with potential investments in select international regions. Read the original article in Gulf Business: ADQ, Energy Capital Partners seal $25bn partnership to power data centres

As part of its strategy to invest in advanced technologies, Oman Investment Authority (OIA) has announced its investment in the U.S.-based company Tidal Vision, a leading innovator in the field of biopolymer technology. This investment was made during Tidal Vision’s Series B funding round, in which the company successfully raised over $140 million from strategic investors, according to its recent announcement. Through such international investments, OIA aims to localize innovative solutions to meet domestic market needs. Read the original article in Zawya: Oman Investment Authority invests in leading US-based biopolymers company

Mubadala Investment Company, the Abu Dhabi-based investment company, announced its agreement to acquire a minority stake in Apleona, a leading European provider of integrated facility management based in Neu-Isenburg near Frankfurt (Germany). The investment is alongside a consortium led by Bain Capital’s Private Equity team in Europe that will support Apleona’s continued growth and development into Europe’s leading integrated facility management group. Read the original article in Zawya: Mubadala announces investment in 'Apleona'

ADQ and State Capital Investment Corporation (SCIC), a sovereign wealth fund owned by the Government of Vietnam, today announced the signing of a Memorandum of Understanding (MoU) to establish a framework for collaboration in key sectors of mutual interest in the Southeast Asian country. As part of the agreement, both entities will collaborate to identify and assess potential co-investment opportunities that support Vietnam’s economic ambitions and align with its strategic development objectives. Read the original article in WAM: ADQ partners with State Capital Investment Corporation to explore investment opportunities in Vietnam

Abu Dhabi National Oil Company (ADNOC) confirmed on Saturday negotiations with Austria’s OMV to set up a new global polyolefins group. It said in a statement that negotiations to merge their Borouge and Borealis companies were going in a “constructive and positive manner.” The proposed merger would create a global polyolefin group, which would combine Canada’s Nova Chemicals, Borealis and Borouge. Read the original article in Msn: UAE’s ADNOC Confirms Negotiations with Austria’s OMV for New Polyolefins JV