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FOUNDERS

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Kahrabel F.Z.E.

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).

 

www.engie.com

 

MUBADALA POWER HOLDING COMPANY

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 our shareholder, the Government of Abu Dhabi. Our 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. Our investment approach prioritizes partnership with best-in-class organizations and a commitment to the highest standards of governance.

 

www.mubadala.com

 

National Trading Company LLC

National Trading Company, which was founded in 1982 with a capital of RO 210,000, serves as a holding group for investment and project development. The capital was later increased to RO 1 million. The owners of NTC are HH Haitham bin Tarik Al-Said and Antonios Chatzi Georgiou.

Focusing on the development of Oman, the National Trading Company establishes corporations to facilitate projects and develop industries as a diversified group. The corporations are engaged in activities such as power generation, harvesting of fish, travel, security equipment, oil & gas, printing & electronics and providing contracting services. Other corporations supported by the National Trading Company produces chemicals and procure raw materials. The established areas of operation are construction and contracting, engineering and business promotion.

Associated/subsidiary companies consist of Gulf of Oman Fishing International LLC, Al Madina Development & Supply LLC, Security Printing Press LLC, Falcon Insurance SAOC, National Trading & Projects Company LLC, Oryx Metal Industries LLC, Sita & Al Bashaer Environment LLC, Gulf Construction Products LLC, 4 Trust LLC, WDS Middle East LLC.

For information, during the year 2016, National Trading Company fully divested its stake in the Company.