The Arab Energy Fund and Stonepeak Enter $1 Billion Strategic Partnership to Advance Energy Infrastructure Across the Middle East
RIYADH, Saudi Arabia & NEW YORK--(BUSINESS WIRE)--The Arab Energy Fund (formerly APICORP), a leading multilateral impact financial institution focused on the MENA energy sector, and Stonepeak, the world's largest independent infrastructure firm and leading US infrastructure investor, today announced that they have entered into a strategic partnership to invest in energy infrastructure across the Middle East.
The partnership will primarily focus on businesses in the energy sector, supporting efforts to build critical infrastructure in the region.
'This strategic alliance marks a defining step in our mission to mobilize global capital into the region's evolving energy landscape,' said Khalid Ali Al-Ruwaigh, Chief Executive Officer of The Arab Energy Fund. 'With Stonepeak as a partner, we aim to accelerate the development of resilient, future-ready energy platforms that contribute to economic growth and energy security across the Middle East.'
'This partnership reinforces our long-term strategy to back high-quality energy assets in collaboration with experienced global investors,' said Maheur Mourali, Chief Investment Officer of The Arab Energy Fund. 'Stonepeak brings world-class expertise and alignment with our vision to deliver both impact and value through disciplined investment in essential infrastructure.'
'The Middle East has made energy diversification a key priority, with Saudi Arabia and other nations throughout the region setting ambitious targets,' said Mike Dorrell, CEO, Chairman, and Co-Founder of Stonepeak. 'We are thrilled to be partnering with The Arab Energy Fund to build and create businesses in the region focused on this mission-critical sector.'
'This partnership will support the continued growth and evolution of the region's energy sector,' added Hajir Naghdy, Senior Managing Director and Head of Asia and the Middle East at Stonepeak. 'With our local presence in the region and deep expertise in the global energy sector, Stonepeak is well-positioned to contribute meaningfully to this exciting partnership.'
About The Arab Energy Fund
The Arab Energy Fund is a multilateral impact financial institution focused on the MENA energy sector established in 1974 by the ten Arab oil-exporting countries. The Arab Energy Fund's mission is to enable a secure and sustainable energy future for the region through a comprehensive range of financing and direct equity solutions and expert advisory services across the entire energy value chain to leading public and private sector business partners in over 35 markets. The Arab Energy Fund applies best-practice ESG principles across all operations, with environmental and socially linked projects comprising 20% of its USD 5.8bn loan portfolio. The Arab Energy Fund is the only energy-focused financial institution in the MENA region rated 'Aa2' by Moody's, 'AA' by Fitch and 'AA-' by S&P.
About Stonepeak
Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $73 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, with a focus on downside protection and strong risk-adjusted returns. Stonepeak, as sponsor of private equity and credit investment vehicles, provides capital, operational support, and committed partnership to grow investments in its target sectors, which include digital infrastructure, energy and energy transition, transport and logistics, and real estate. Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, Abu Dhabi, and Riyadh. For more information, please visit www.stonepeak.com.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
28 minutes ago
- Yahoo
Rainwater Harvesting Systems Market Report 2025-2029 - Smart Cities and Green Buildings Boost Demand
The rainwater harvesting systems market is projected to grow by USD 1.03 billion from 2024-2029, at a 10% CAGR, driven by rising global water scarcity and residential activity. This report provides a comprehensive analysis of market trends, growth drivers, challenges, vendor insights, and forecasts. Dublin, June 10, 2025 (GLOBE NEWSWIRE) -- The "Rainwater Harvesting Systems Market 2025-2029" has been added to offering. The global rainwater harvesting systems market is poised for substantial growth, projected to increase by USD 1.03 billion from 2024 to 2029, advancing at a CAGR of 10% within the forecast period. The comprehensive report on this market surpasses the boundaries of traditional analysis, offering a complete overview of market size, forecast, trends, growth drivers, challenges, and a detailed vendor analysis that encompasses approximately 25 key vendors. This report provides an updated examination of the current market dynamics, highlighting prevailing trends and drivers, and the broad market environment. Fundamental market growth is driven by escalating global water consumption, the intensifying issue of water scarcity worldwide, and the surge in residential construction activities. The study is founded on a robust blend of primary and secondary data, incorporating insights from prominent industry players. It features expansive market size data, segmented with thorough regional analysis and vendor landscape evaluation alongside an in-depth analysis of pivotal companies, supported by historical and projected data. A rigorous vendor analysis aims to empower clients to enhance their market position, and the report includes an in-depth review of leading vendors such as Barr Plastics Inc., D and D Ecotech Services, Ecozi Ltd., HarvestH2o, Heritage Water Tanks, Innovative Water Solutions LLC, and Kingspan Group Plc, among others. Additionally, the report discusses upcoming trends and challenges that could shape market growth, enabling companies to strategize and seize future growth opportunities effectively. This meticulous market research synthesizes and summarizes data from multiple sources, analyzing critical parameters like profit, pricing, competition, and promotions. By identifying the core industry influencers, the report offers a comprehensive and reliable perspective, derived from extensive primary and secondary research. The analysis provides a complete competitive landscape and a nuanced vendor selection methodology, employing both qualitative and quantitative research techniques to produce precise market growth forecasts. Companies Featured Barr Plastics Inc. D and D Ecotech Services Ecozi Ltd. HarvestH2o Heritage Water Tanks Innovative Water Solutions LLC Kingspan Group Plc Metroll Molloy Precast Products Ltd. Oasis Water Harvesting Osmosis Autopump India Pvt. Ltd. Otto Graf GmbH Kunststofferzeugnisse RainHarvest Systems LLC Rainwater Connection Stormsaver Ltd. Vareo Blu Ltd. Water Field Technologies Pvt. Ltd. Water Harvesting Solutions Inc. Watts Water Technologies Inc. WISY AG For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
33 minutes ago
- Yahoo
Research on Europe's 3D Printing Construction Market 2020-2030 - Valued at $680 Million in 2024, the Market is Projected to Reach $1.07 Billion by 2030
Key opportunities in Europe's 3D printing construction market include addressing labor shortages through automation, enabling faster project completion and reduced costs Dublin, June 10, 2025 (GLOBE NEWSWIRE) -- The "Europe 3D Printing Construction Market, By Country, Competition, Forecast & Opportunities, 2020-2030F" has been added to offering. The Europe 3D Printing Construction Market was valued at USD 0.68 billion in 2024, and is expected to reach USD 1.07 billion by 2030, rising at a CAGR of 7.77%. 3D printing construction is an innovative building technology that utilizes automated, additive manufacturing processes to create structures layer by layer. Unlike traditional construction methods that rely on manual labor and conventional materials like bricks and concrete blocks, 3D printing construction employs large-scale robotic printers that extrude specialized concrete, plastic, or other composite materials. This technology offers several advantages, including faster construction times, reduced labor costs, and minimal material waste. It enables the creation of complex architectural designs that would be difficult or expensive to achieve using traditional methods. Additionally, 3D printing construction can improve sustainability by using eco-friendly materials and optimizing resource utilization. Applications of 3D printing in construction range from small-scale housing projects to large commercial buildings, bridges, and even disaster relief shelters. The technology has gained significant attention for its potential to address housing shortages, particularly in low-income or disaster-affected areas, by providing affordable and quickly deployable solutions. Key Market Drivers Shortage of Skilled Labor in the Construction Industry: One of the pressing challenges in Europe's construction industry is the shortage of skilled labor. Many countries in the region are experiencing a decline in the number of trained workers due to aging populations, declining interest in construction jobs, and increasing competition for skilled workers. This labor shortage has led to higher wages and longer project timelines, creating inefficiencies in the industry. The construction sector in Europe is facing an aging workforce, with a large percentage of workers nearing retirement. According to a report by the European Construction Industry Federation (FIEC), about 40% of construction workers in Europe are aged 50 or older, leading to a potential shortage of skilled labor as these workers retire. 3D printing construction addresses this issue by automating significant portions of the building process. Large-scale 3D printers can operate continuously with minimal human intervention, reducing the reliance on skilled masons, bricklayers, and other manual laborers. This automation leads to faster project completion times and lower overall labor costs. Moreover, the integration of robotics and artificial intelligence (AI) in 3D printing construction allows for precise execution, reducing human errors and rework. As the European construction sector continues to struggle with labor shortages, the adoption of 3D printing construction is expected to rise as a viable solution to maintain productivity while reducing dependency on human labor. The FIEC noted that labor shortages are driving up costs and delaying projects. Skilled labor scarcity has led to an increase in construction costs by 5-10% in several European countries, particularly in regions experiencing rapid urbanization and infrastructure growth. Key Market Challenges Regulatory and Compliance Barriers: One of the major challenges facing the 3D printing construction market in Europe is navigating complex regulatory and compliance requirements. Unlike traditional construction methods, which have well-established safety standards, building codes, and legal frameworks, 3D printing in construction is still relatively new. As a result, there is a lack of standardized guidelines and regulations governing its use. Each European country has its own set of construction regulations, making it difficult for companies to scale operations across multiple markets. Many of these regulations were designed for conventional building techniques, and existing laws do not always account for the unique properties of 3D-printed structures. This creates legal uncertainties around aspects such as structural integrity, durability, fire resistance, and building certifications. Additionally, obtaining permits for 3D-printed buildings can be a time-consuming and complex process. In many cases, local authorities and regulatory bodies are unfamiliar with the technology, leading to delays in project approvals. Without clear legal frameworks, developers and investors may hesitate to commit to large-scale 3D printing projects, slowing the technology's adoption. Key Market Trends Expansion of Sustainable and Eco-Friendly 3D Printing Materials: One of the most significant trends in Europe's 3D printing construction market is the growing use of sustainable and eco-friendly materials. With the European Union (EU) pushing for stricter environmental regulations and net-zero carbon targets, construction companies are actively exploring green materials to reduce their environmental footprint. Traditional building materials like cement and steel contribute significantly to carbon emissions, making them less suitable for the future of sustainable construction. 3D printing construction presents an opportunity to use alternative materials, such as recycled concrete, bio-based composites, and geopolymer cement, which offer lower carbon emissions while maintaining structural integrity. Researchers are also developing novel materials made from industrial waste, such as fly ash and glass powder, to further reduce waste generation. Additionally, some companies are experimenting with biodegradable and plant-based materials, such as hempcrete and mycelium (fungus-based) composites, to create fully sustainable structures. Key Players Profiled in Europe's 3D Printing Construction Market: ICON Technology, Inc XTREEE Apis Cor Inc BigRep GmbH Vertico COBOD Sika AG Report Scope In this report, the Europe 3D Printing Construction Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below: Europe 3D Printing Construction Market, By Construction Method: Extrusion Power Bonding Europe 3D Printing Construction Market, By Material Type: Concrete Metal Composite Europe 3D Printing Construction Market, By End-User: Buildings Infrastructure Europe 3D Printing Construction Market, By Country: Norway United Kingdom Italy Denmark Germany Netherland Poland Rest of Europe Key Attributes Report Attribute Details No. of Pages 123 Forecast Period 2024-2030 Estimated Market Value (USD) in 2024 $0.68 Billion Forecasted Market Value (USD) by 2030 $1.07 Billion Compound Annual Growth Rate 7.7% Regions Covered Europe For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
38 minutes ago
- Yahoo
Industrial Wireless Sensor Network (IWSN) Market Report 2025-2033: A Forecasted $29.5 Billion Industry
Driven by industrial automation, IoT, AI, and demand from smart cities and oil & gas, the IWSN enhances efficiency and productivity across sectors globally. Dublin, June 10, 2025 (GLOBE NEWSWIRE) -- The "Industrial Wireless Sensor Network Market Report by Component, Sensor Type, Application, End Use, and Region 2025-2033" report has been added to global industrial wireless sensor network market size reached USD 8 billion in 2024. Looking forward, the analyst expects the market to reach USD 29.5 billion by 2033, exhibiting a growth rate (CAGR) of 14.82% during 2025-2033. The growing industrial automation and digitalization, IoT integration, real-time data monitoring, ongoing technological advancements, and the rising adoption of smart cities are primarily driving the market's growth. At present, the growing demand for IWSN to improve communication between industrial devices and ensure seamless communication using wireless systems represents one of the key factors driving the market. Besides this, there is a rise in the utilization of artificial intelligence (AI), machine learning (ML), and big data analytics to analyze the large database of temperature, motion, pressure, gas, flow, and chemicals. This, along with the increasing development of network infrastructure, is contributing to the growth of the market. Moreover, the escalating demand for IWSN in the oil and gas industry to remotely monitor pipelines, natural gas leaks, and corrosion is offering lucrative growth opportunities to industry addition, there is an increase in the demand for WirelessHART and ISA-100.11a technologies in various industries across the globe. This, coupled with the growing demand for the internet of things (IoT) connected devices around the world, such as smart mobiles, refrigerators, fire alarms, door locks, bicycles, and fitness trackers, is positively influencing the market. Apart from this, the increasing application of IWSN in robotics for sensing, recognition, and interpretation of numerous programs is propelling the growth of the ScopeThis report provides an analysis of the key trends in each segment of the global industrial wireless sensor network market report, along with forecasts at the global, regional, and country levels from 2025-2033. The report has categorized the market based on component, sensor type, application, and end use. The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd, Analog Devices Inc., Banner Engineering Corp., Emersion Electric Co., Endress+Hauser Management AG, Honeywell International Inc., NXP Semiconductors N.V, Schneider Electric, Siemens AG, ST Microelectronics, Texas Instruments Inc. and Yokogawa Electric Questions Answered in This Report: What was the size of the global industrial wireless sensor network market in 2024? What is the expected growth rate of the global industrial wireless sensor network market during 2025-2033? What are the key factors driving the global industrial wireless sensor network market? What has been the impact of COVID-19 on the global industrial wireless sensor network market? What is the breakup of the global industrial wireless sensor network market based on the component? What is the breakup of the global industrial wireless sensor network market based on the sensor type? What is the breakup of the global industrial wireless sensor network market based on application? What are the key regions in the global industrial wireless sensor network market? Who are the key players/companies in the global industrial wireless sensor network market? Key Attributes Report Attribute Details No. of Pages 150 Forecast Period 2024-2033 Estimated Market Value (USD) in 2024 $8 Billion Forecasted Market Value (USD) by 2033 $29.5 Billion Compound Annual Growth Rate 15.6% Regions Covered Global Key Topics Covered1 Preface2 Scope and Methodology2.1 Objectives of the Study2.2 Stakeholders2.3 Data Sources2.3.1 Primary Sources2.3.2 Secondary Sources2.4 Market Estimation2.4.1 Bottom-Up Approach2.4.2 Top-Down Approach2.5 Forecasting Methodology3 Executive Summary4 Introduction4.1 Overview4.2 Key Industry Trends5 Global Industrial Wireless Sensor Network Market5.1 Market Overview5.2 Market Performance5.3 Impact of COVID-195.4 Market Forecast6 Market Breakup by Component6.1 Hardware6.2 Software6.3 Service 7 Market Breakup by Sensor Type7.1 Pressure Sensor7.2 Temperature Sensor7.3 Level Sensor7.4 Flow Sensor7.5 Biosensor7.6 Others 8 Market Breakup by Application8.1 Machine Monitoring8.2 Process Monitoring8.3 Asset Tracking8.4 Safety and Surveillance 9 Market Breakup by End Use9.1 Automotive9.2 Food and Beverages9.3 Manufacturing9.4 Mining9.5 Oil and Gas9.6 Utilities9.7 Others 10 Market Breakup by Region10.1 North America10.2 Asia-Pacific10.3 Europe10.4 Latin America10.5 Middle East and Africa 11 SWOT Analysis11.1 Overview11.2 Strengths11.3 Weaknesses11.4 Opportunities11.5 Threats12 Value Chain Analysis13 Porters Five Forces Analysis13.1 Overview13.2 Bargaining Power of Buyers13.3 Bargaining Power of Suppliers13.4 Degree of Competition13.5 Threat of New Entrants13.6 Threat of Substitutes14 Price Analysis15 Competitive Landscape15.1 Market Structure15.2 Key Players15.3 Profiles of Key Players ABB Ltd. Analog Devices Inc. Banner Engineering Corp. Emersion Electric Co. Endress+Hauser Management AG Honeywell International Inc. NXP Semiconductors N.V Schneider Electric Siemens AG ST Microelectronics Texas Instruments Inc. Yokogawa Electric Corporation For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
