Kahrabel oversees and manages the development, construction and operation of the electricity and water production business of ENGIE (formerly GDF SUEZ) in the MENA region. It is an entity 100% owned directly by International Power S.A., which is itself indirectly wholly owned by International Power Ltd. International Power Ltd. is owned indirectly by ENGIE, one of the world’s leading energy companies and a global benchmark in the ﬁelds of power, gas, and energy services.
ENGIE’s development strategy revolves around responsible growth to take one the major challenges of an energy and ecological transition towards low-carbon economy: access to sustainable energy, climate-change mitigation and adaptation, security of supply and the rational use of resources.
The Group designs comprehensive energy solutions with individuals, cities and businesses based on the production of renewable or carbon-light electricity, the supply of carbon-free natural gas as well as technological and digital innovation.
ENGIE employs close to 153,000 people worldwide and achieved revenues of Euros 66.6 billion in 2016. Listed in Paris and Brussels (ENGI), the Group is represented in the main indices, both financial (CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FSE Eurotop 100, MSCI Europe) and CSR (DJSI World, DJSI Europe and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).
Mubadala Power Holding Company Limited is a wholly owned subsidiary of Mubadala Investment Company (‘Mubadala’), a registered public joint stock company in the Emirate of Abu Dhabi.
Mubadala is a pioneering global investor, deploying capital with integrity and ingenuity to accelerate economic growth for the long-term benefit of Abu Dhabi. As Abu Dhabi’s leading strategic investment company, Mubadala is active in 13 sectors and more than 30 countries around the world, creating lasting value for its shareholder, the Government of Abu Dhabi. Mubadala’s work includes the development of global industrial champions in sectors such as aerospace, ICT, semiconductors, metals & mining, renewable energy and utilities, and the management of diverse financial holdings. Mubadala builds on legacy expertise in oil and gas to invest across the hydrocarbon spectrum, and enhance the UAE’s growth potential through investments in healthcare, real estate and defense services.
Mubadala’s investment approach prioritizes partnership with best-in-class organizations and a commitment to the highest standards of governance.
The Civil Service Employees’ Pension Fund (CSEPF) was established simultaneously with the introduction of the Law of Pensions and End of Service Benefits for Omani Nationals employed in the Government sector in the beginning of 1986. It undertakes the responsibility for implementation of provisions of the law in addition to managing and investing the pensions and end of service funds. The Fund is an independent government unit which has a juristic personality, an administrative and financial independence.
Ministry of Defense Pension Fund (‘MODPF’) is a public legal entity in the Sultanate of Oman duly organized under, and registered pursuant to, Sultani Decree 87/93 issued on December 29, 1993. The MODPF is one of the largest pension funds in Oman and is a major investor in the local capital markets, both in equities and bonds. It is also a major participant in project investments and real estate investments. The fund is represented on the boards of several prominent Corporates in Oman.
Oman Liquefied Natural Gas LLC (‘Oman LNG’) is a joint venture company established by a Royal Decree in 1994 and operates underPlant.png the laws of the Sultanate of Oman. The Company engages in the business of producing and selling Liquefied Natural Gas (LNG) and its by-product, Natural Gas Liquids (NGLs). Oman LNG undertakes, directly or indirectly, project operations and related activities essential to liquefy, store, transport and market Oman's natural gas and to deliver LNG to customers. The Company operates 3 liquefaction trains - at its site in Qalhat near Sur with a nameplate capacity of 10.4 million tonnes per annum (mtpa). The Company's activities contribute to the Government of Oman's objectives of diversifying the economy. Oman LNG's Liquefaction Plant is located on the coast at Qalhat near Sur in the South Sharqiyah Governorate and its head office is in Muscat.
As of September 1, 2013, Oman LNG officially integrated with Qalhat LNG. The integrated entity operates under the name of Oman LNG.