Axia Power Holdings B.V. is an entity that is 100% owned by Marubeni, which serves as an overseas investment vehicle for Marubeni’s investments into power projects.
Marubeni, acting as the lead member of the consortium, was established in 1858 and grew to become one of the leading Japanese trading houses. It oversees a range of operations that encompass the domestic market, export-import, and offshore trade, with total assets of around USD 70 billion (as of December 2014). As of 1st April 2015, Marubeni has 5 business groups directly under the president and several committees, covering Food & Consumer Products Group, Chemical & Forest Products Group, Energy & Metals Group, Transportation & Industrial Machinery Group, and Power Projects & Plant Group. Power Projects & Plant Group consists of Power Projects Division, Energy & Environment Infrastructure Division, and Plant Division, and it is one of the core group within Marubeni.
Marubeni is very active in the IPP industry, having participated in 49 I(W)PP projects with the total gross capacity of 32,533 MW and the total net capacity of 10,541 MW (as of April 2015) in overseas. Marubeni’s role in the IPP business includes a wide spectrum including development, financing, equity participation as well as engineering, procurement and construction (“EPC”) and O&M. Marubeni operates I(W)PP projects in many countries around the world, including Oman, Saudi Arabia, Qatar, U.A.E., Tunisia, Turkey, Portugal, United Kingdom, Jamaica, Trinidad and Tobago, Australia, U.S.A, Canada, the Philippines, Thailand, Taiwan, Pakistan, India, Indonesia, Cambodia, Singapore, and Korea. In addition, Marubeni is an active player in the EPC business and has built over 102,145 MW of power plants worldwide. The power division’s vision is to establish itself in the top position in the comprehensive power business in Japan and abroad.
In addition to the power business, Marubeni has a variety of experiences in non-recourse project financing such as LNG related business and ship transportation business. Marubeni has an outstanding record in project financing in emerging markets, and has arranged for funds from various export credit agencies, multilateral institutions, international commercial banks, institutional investors and local banks.
JERA Power Management Mid East B.V.
JERA Power Management Mid East B.V. (JERA PMME), (it was formerly known as Chubu Electric Power Sur B.V.), is a wholly owned subsidiary of JERA Co. Inc., which hold shares in and manage Phoenix Power and the operation and maintenance company for the Project.
JERA is an energy company with global reach that has strength in the entire energy supply chain, from participation in LNG and other fuel resource projects and fuel procurement through to power generation.
JERA was jointly established in April 2015 as an equal joint venture of two major Japanese electric companies, Chubu Electric Power Co., Inc. (CEPCO) and TEPCO Fuel & Power, Inc. (TEPCO FP) to become a leading global energy player. In April 2019, JERA integrated CEPCO and TEPCO FP’s fuel and power generation business and assets. JERA became the largest power generation company in Japan, with its LNG procurement volume and power generation capacity of 35 million tons per year and 75 gigawatts all over the world respectively. In terms of having business experience in the Middle East region, JERA is participating in IPP/IWPP projects in Oman, Qatar and UAE as a shareholder.
JERA aims to become a global leader in LNG and renewables, sparking the transition to clean energy economy by 2025.
Nebras Power is an international power company established in March 2014 and headquartered in Doha, State of Qatar. The Company was established with an initial capital of USD one billion and with a mandate to invest in the conventional and renewable energy, water and utilities sectors globally, outside of the State of Qatar.
Nebras is a joint venture between Qatar Electricity and Water Company Q.S.C. (60%), Qatar Holding LLC (20%), and Qatar Petroleum International Limited (20%).
Nebras Power is a dynamic energy company that aims to become one of the leading corporations in the power sector through investing in feasible and profitable large-scale power and water projects around the world. Nebras seeks to provide complete solutions in power and water, ranging from providing associated LNG Facilities, Water Treatment Plants, Fuel Sourcing and Supply Ventures, making us a significant player in the MENA region, South East Asia, Europe, and beyond. The company is driven by the confidence and experience of its team and support of its shareholders.
Nebras is committed to incorporate economic, social, safety, and environmental indicators and facets into our bottom line, which allows us to ensure that the Society as a whole is a beneficiary of our progress and growth.
Since its inception in the mid of 2014, Nebras Power has built a power portfolio of over 1.5 GW of quality assets distributed over different countries - UAE, Oman, Jordan, Indonesia, and Tunisia.
"Middle East Investment LLC is a limited liability company registered in the Sultanate of Oman and it is mainly engaged in trading in quoted & un-quoted equity and debt securities.
MEI has grown to become a leading Omani Investment House. An achievement resulting from unwavering commitment to Sultanate of Oman, the professionalism of the Group’s employees, a keen sense of social responsibility with a strong awareness of its operating environment and the exceptional vision and close adherence to basic values. Our portfolios focus on investing in banking, power sector and pharmaceutical industry that provide the opportunity to create and capture value. The Company professionally managed investment stakes consist of local and international diversified portfolios of securities, debts and direct investment."