(Finance) – ADQAbu Dhabi’s investment company, and Energy Capital Partners (ECP)the largest private energy owner of energy and renewable sources in the United States have entered into an agreement to establish one Partnership 50-50 in the new generation of energy and energy infrastructure.
By combining the Adq experience in infrastructure investments with the main ECP energy investment platform in electrification and in the generation of energy and renewable sources, the partnership aims a meet the growing energy needs of Data Center, large -scale cloud companies and other highly energy intensity industries.
The main geographical attention of the partnership will be United States. Part of the capital could also be intended for opportunities in selected international markets. The partners plan to carry out Total capital investments for over 25 billion dollars in projects for a value of 25 GW. The combined initial capital contribution of the partners will be expected to amount to 5 billion dollars.