Oman Future Fund Invests in Solar Power Plant in Ibri

By Global Infrastructure Sherpa · May 15, 2025

Investment Solar announced Oman May 15, 2025

USD150M

Deal Value

500 MW

Capacity

Oman Future Fund invested $150 million in Ibri Solar Power LLC to support the development of a 500 MW solar power plant in Ibri, Oman. The project will contribute to Oman's renewable energy targets and reduce its reliance on fossil fuels.

Timeline

Announced

May 15, 2025

Signed

Closed

Counterparts (2)

Investor

Future Fund Oman

company · 1 deals

The Future Fund is Australia's sovereign wealth fund, established in 2006 to strengthen the Commonwe...

Developer

Ibri Solar Power LLC

company

Ibri Solar Power LLC is a subsidiary of PDVSA (Petróleos de Venezuela, S.A.) focused on developing s...

Market Context

This deal is part of the Solar sector in Oman.

473

Solar deals

deals in Oman

Source

www.meed.com

1 of 452 Solar deals tracked this month · Updated daily

View Full Deal Details

Oman Future Fund Invests in Solar Power Plant in Ibri

Timeline

Counterparts (2)

Market Context

Source

Related Deals

More Solar Deals

More Deals in Oman

Stay informed