ADQ and Energy Capital Partners to form a joint venture.

ADQ, a global business platforms focused on critical infrastructure and supply chains, to deliver long-term value, and Energy Capital Partners, a leading equity and credit investor in energy transition infrastructure, agreed to form a JV focused on the need for captive power plants, meeting these needs over the long-term, with its mandate including greenfield development, new build and expansion opportunity projects that will establish it as a leader in power generation for a growing American economy. “The acceleration of AI and its societal adoption presents attractive opportunities to serve the power and infrastructure needs of data centers and hyperscalers. Meeting these power needs presents evolving challenges for governments worldwide in ensuring a secure, stable, and commercially competitive electricity supply. As an active investor with a sharp focus on critical infrastructure and proven capability in building long-term partnerships, we are in a prime position to help address these shifting structural dynamics. Our partnership with ECP allows us to invest meaningfully in generation and related infrastructure assets that support accelerating demand for power, promoting the progress of these industries, and helping to future-proof economies,” Mohamed Hassan Alsuwaidi, ADQ Managing Director and Group Chief Executive Officer