OIA completes Manah Solar Power Plant (Phases I and II) with RO 150 million investment

Oman Investment Authority (OIA) is the sovereign wealth fund of Oman. It invests in a diverse range of sectors and geographies, including infrastructure, with a focus on sustainable and long-term investments.

Muscat-based power and water procurement company responsible for bulk power and water purchasing across Oman. Manages over 8.5 GW of generation capacity through long-term power and water purchase agreements with independent producers. Operates as a single off-taker under government mandate.

Dubai-based renewable energy developer and joint venture between Sembcorp Industries and JinkoPower, with 1.2 GW of solar and storage projects across the Middle East. Focuses on utility-scale solar PV and battery storage, backed by $1.2B in assets under management.