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Zawya
29-05-2025
- Business
- Zawya
Dubai's AMEA Power, Spain's Cox to set up JV to develop water, power projects
Spanish water and energy company Cox and Dubai-based renewable energy producer AMEA Power have agreed to establish a joint venture to develop, execute, and manage strategic water and energy infrastructure projects across the Middle East, Africa, and Asia. The companies will combine their technical, operational, and financial capabilities to address critical resource challenges in regions with rapidly increasing demand, they said in a joint statement. AMEA Power holds a 3.76 percent stake in Cox as an anchor shareholder, acquired during the latter's IPO in November 2024. No financial details were shared on the joint venture. Cox's current concession portfolio comprises five water assets for up to 945,000 cubic metres per day (m³/day), six energy generation projects and two transmission line concessions. It has delivered more than 8.3 million m³/day in desalination and treatment capacity worldwide. The company operates under a concession-based business model focused on water and energy, and complemented by engineering, procurement, and operations & maintenance (O&M) services. AMEA Power's portfolio comprises a project pipeline exceeding 6 gigawatts (GW) and more than 2,600 megawatts (MW) in operation and under construction. 'We aim to develop projects where access to water and energy complement each other, creating new opportunities where both are essential for the sustainable development of communities,' said Enrique Riquelme, Executive Chairman of Cox. (Writing by P Deol; Editing by Anoop Menon) (


Al Bawaba
14-05-2025
- Climate
- Al Bawaba
Massive explosion at chemical plant near Spain's Seville sparks toxic smoke alert
Published May 14th, 2025 - 06:39 GMT The incident follows closely on the heels of a nationwide blackout that disrupted rail and flight operations, raising fresh concerns about infrastructure safety in Spain. ALBAWABA- A massive explosion rocked a chemical warehouse in an industrial zone near Seville, Spain, on Wednesday, sending thick black smoke billowing into the sky and triggering widespread health alerts. The blast occurred around midday in Alcalá de Guadaíra, prompting authorities to urge residents across the area to stay indoors and close their windows due to fears of possible toxic exposure. While it remains unclear whether hazardous materials were ignited in the fire, emergency crews rushed to contain the blaze as the dense smoke spread across neighboring towns. MASSIVE fire at chemical warehouse near Seville, SpainLocals told to close windows as choking smoke fills sky Unclear if any hazardous chemicals are burning — RT (@RT_com) May 14, 2025 The incident follows closely on the heels of a nationwide blackout that disrupted rail and flight operations, raising fresh concerns about infrastructure safety in Spain. © 2000 - 2025 Al Bawaba (