Power to build
strong communities



Axia Power Holdings B.V.

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.

Chubu Electric Power Sur B.V.

Chubu Electric is a wholly owned subsidiary of CEPCo, established to hold shares in and manage Phoenix Power and the operation and maintenance company for the Project.
Chubu Electric’s wholly owned parent company, CEPCo, listed on the Tokyo Stock Exchange, is one of the largest among 9 regional power utilities in Japan, operating its own power plants, transmission and distribution systems. With its 33,386 MW generating capacity, CEPCo serves approximately 39,000 km2 and 16 million people and a significantly manufacturing focused area with companies such as Toyota Motors based in the region. CEPCo has vast experience over the years of power business and operation since its foundation in 1951.
CEPCo also has an established international business focused on power generation and related businesses in Middle East, Asia and North America, and is involved in a number of independent power projects as shareholder, developer and operator comprising net capacity of 3,260 MW. In terms of having business experience in the Middle East area, CEPCo is participating in 3 IPP/IWPP projects as a shareholder in Qatar and is engaged in technical partnership scheme with the local power sector there.

Nebras Power QSC

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.

Multitech LLC

Multitech is part of the Suhail Bahwan Group, a leading business house in Oman.
Multitech is the investment arm of the Suhail Bahwan Group for participation in power and water privatisation projects in Oman. Multitech is the founding shareholder in: ∙
∙ ACWA Power Barka SAOG (Barka 1 IWPP)
∙ Al Suwadi Power Co. SAOC (Barka 3 IPP)
∙ Al Batinah Power Co. SAOC (Sohar 2 IPP)
∙ Phoenix Power Co. SAOC (under transformation) (Sur IPP)
Multitech also engages in the trading of welding products, electrical products, water treatment & oilfield chemicals and cranes. Multitech is under the day to day management of Bahwan Engineering Company LLC, the flagship of Suhail Bahwan Group.