AMEA Power
Growth Score40DXBi Rank168Heat Score100AMEA Power Ltd
Developer, owner and operator of solar, wind and storage projects across Africa, the Middle East and Asia.
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Envision Energy - AMEA Power agreement for Amunet II 500MW wind project (Egypt)
MIGA up to $1.48 billion guarantee framework for AMEA Power renewable portfolio
UAE's Amea Power partners with IFC for $700m Egypt solar and battery plant
AMEA Power & Cox - Angola seawater desalination plant (Water Alliance Ventures)
Amea Power commissions 500 MW solar plant in Egypt
AMEA Power completes $1.1 billion deal to deploy 1GW of renewable energy projects in Egypt
Overview
Growth Score
Steady
Heat Score
Trending up
Details
- Operating Status
- Active
- Company Type
- Private (subsidiary of Al Nowais Investments)
- Headquarters
- Marina Plaza Office Tower, Dubai, UAE
- Founded
- 2014
- Company Size
- 201-500 employees
- Website
- ameapower.com
Products & Services
Utility-scale Solar PV
Development, ownership and operation of large-scale solar photovoltaic power plants (e.g. Abydos I & II, Aswan, Egypt; Doornhoek, South Africa; Boundoukou, Côte d'Ivoire)
Wind Power
Development, ownership and operation of utility-scale onshore wind farms (e.g. Amunet I & II, Gulf of Suez, Egypt)
Battery Energy Storage Systems (BESS)
Grid-scale battery storage paired with solar/wind assets, e.g. 600MWh system at the Aswan Abydos II project
Green Hydrogen / Green Ammonia
Development of export-oriented green ammonia/green hydrogen production (e.g. Ain Sokhna, Egypt SCZone project)
Water Desalination
Seawater desalination plant development via the Water Alliance Ventures JV with Cox (e.g. Angola, Morocco projects)
People
Technology
No technology or web presence data on file yet.
Financials
Funding rounds
Projects
IFC-led $700m financing for Abydos II Aswan Solar and Battery Storage Project (Egypt)
AMEA Power (60%) and Japan's Kyuden International Corporation (40%) partnered with the International Finance Corporation and a consortium of lenders (Cassa Depositi e Prestiti, FMO, DEG, British International Investment, OPEC Fund for International Development, Europe Arab Bank) to finance a $700 million, 1,000MW solar plant with 600MWh battery storage in Aswan, Egypt - billed as Africa's largest single-site solar-plus-storage project. Commercial operations targeted June 2026.
$700M
Dec 18, 2025
Envision Energy - AMEA Power agreement for Amunet II 500MW wind project (Egypt)
AMEA Power signed an agreement with China's Envision Energy for the Amunet II 500MW wind project in Egypt's Gulf of Suez, AMEA Power's second utility-scale wind project in the country, taking its combined Egyptian wind capacity toward 1GW. Announced at Africa Energy Forum 2026.
Jun 18, 2026
MIGA up to $1.48 billion guarantee framework for AMEA Power renewable portfolio
The World Bank's Multilateral Investment Guarantee Agency (MIGA) executed framework terms of up to $1.48 billion in guarantees supporting ~$1.65 billion of equity, quasi-equity and shareholder loan investments across up to 23 AMEA Power renewable energy and battery storage subsidiary projects (wind, solar PV, BESS) in 10 countries across Africa, the Middle East and Central Asia. Phase 1 covers Côte d'Ivoire, Djibouti, Egypt, Jordan, South Africa, Togo, Uganda and Uzbekistan (~2,766 MW).
$1.5B
Apr 9, 2026
AMEA Power & Cox - Angola seawater desalination plant (Water Alliance Ventures)
AMEA Power and Spain's Cox Group, via their joint venture Water Alliance Ventures, signed a Cooperation Agreement with Angola's Ministry of Energy and Water (MINEA) to develop a ~$200 million, 100,000 m3/day seawater desalination plant on the Mussulo Peninsula near Luanda, serving over 800,000 people. Builds on a 2022 MoU and 2023 Development Agreement; commissioning targeted Q2 2028.
$200M
Aug 27, 2025
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