Construction & Real Estate

Kuwait renewable energy firm plans equity raise to expand across Mena

Alternative Energy Projects Company (AEP), a Kuwait-based renewable energy developer, has announced plans to raise capital to fund the expansion of its solar energy business across Kuwait and Mena region. It has appointed Kamco Invest, in collaboration with Burgan Bank, to lead the transaction....

Construction & Real Estate

Kuwait fund joins NVIDIA, KKR and Vistra to launch $10bn AI infrastructure firm

The Kuwait Investment Authority (KIA) has joined forces with artificial intelligence (AI) ⁠chip giant NVIDIA, private equity firm KKR and US integrated power generation firm Vistra to launch a new AI infrastructure company - Helix Digital Infrastructure - at a total investment of over $10 billion in long-duration capital commitments....