Established in 2014, Infinity is the only dedicated renewable energy solutions provider in Egypt that develops clean energy solutions across several sectors and scales. For nearly a decade, Infinity has been leading the shift to a sustainable future for Egypt and Africa, through meticulously developed, commercially viable energy solutions that provide efficient and sustainable access to energy resources for everyone.
The European Bank for Reconstruction and Development (EBRD), as 20% shareholder has committed an equity investment of US$ 60 million to become a shareholder in Infinity. EBRD Funds support renewable energy development, electricity distribution projects and building new EV charging stations.
Infinity harnesses different resources for power generation – solar, wind and waste-to-energy while also providing power distribution services and electric vehicle (EV) charging solutions across three categories and scales: cities and infrastructure, commercial and industrial, and homes. Infinity has invested in projects with total investment size of around USD 350 million representing almost 236 MWp capacity across six utility-scale operational projects.
Since 2018, Infinity has become one of the first companies to develop a robust infrastructure for electric vehicles in Egypt, by establishing the largest and fastest-growing EV charging network across the country. Today Infinity boasts more than 450 charging points with aggressive expansion plans on a local and regional level. In addition, Infinity is developing a public EV taxi charging network with the government targeting 6,000 charging points in 3 years.
40 countriesacross six continents
US$ 30 billionCombined value invested inglobal projects
Projects displace over20 gigawatts (GW)installed
Gross capacity of 30 million metric tonsOf carbon dioxide (gross) per year
Established in 2006, Masdar, Abu Dhabi Future Energy Company, is a multi-faceted renewable energy company with a mission to invest, incubate and establish a commercially viable new-energy industry in Abu Dhabi and around the world.
Masdar has developed, built and operates 20 GW of projects globally across wind on-shore and off-shore, Solar PV and CSP technologies, in UAE, MENA and Europe with an approximate total value of USD 30 billion.
Masdar is one of the fastest growing renewable energy companies in the world, with an expected total capacity to reach 100 gigawatts by 2030 with ambitions of doubling that in years to come. Last December, a strategic agreement was signed between ADNOC, Taqa and Mubadala to become shareholders in Masdar which will outline ambitious growth plans to bolster position as a global leader in clean energy and green hydrogen aims to supply 1MT of green hydrogen by 2030.
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