About Us
The Arab Energy Fund is a multilateral impact financial institution. It commenced its operations in 1975 in accordance with an international agreement signed and ratified by the ten member states of the Organization of Arab Petroleum Exporting Countries (OAPEC).
Our mandate is to support the energy ecosystem with comprehensive financing solutions – advancing energy security, enabling sustainability, and developing local value chains that contribute to economic prosperity across our member states and the MENA region.
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Highlights from
Investor Relations
The Fund maintains one of the strongest balance sheets among regional multilateral financial institutions, reflected in our AA+ rating from Fitch, AA- from S&P, and Aa2 from Moody’s. In 2024, we achieved a record financial performance while expanding our impact across the entire energy value chain.
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Credit Rating (Fitch)
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What We Do
We serve the entire energy value chain through tailored financing, strategic investments, and deep partnerships. Our approach is guided by a dual mandate: supporting both traditional hydrocarbons and the transition to new energy solutions.
Sovereign Backing & Global Partners
Founded in 1975 by 10 Arab oil-exporting countries, we operate under a Central Bank of Bahrain banking license. We collaborate with sovereign wealth funds, global financial institutions, and private sector partners to advance and secure MENA’s energy sector.
Case Studies
Series A Round for Tagaddod
Led Tagaddod’s $26.3 million Series A equity round. Tagaddod, a pioneering platform for Biofuel Feedstocks, will direct this funding toward further strengthening its role in enabling the growing production of Sustainable Aviation Fuel (SAF) and Renewable Diesel (RD).
million
BlackRock Middle East Infrastructure Fund (2024)
Committed $75 million to the BlackRock Middle East Infrastructure Fund, targeting investments across energy, utilities, water, transportation, telecommunications, and social infrastructure. The partnership offers access to institutional-grade infrastructure opportunities and co-investment rights alongside a leading global asset manager with extensive relationships in the MENA region.
million
Metito Utilities Acquisition (2024)
Led a consortium to acquire 100% of Metito Utilities, a global investor, developer, and operator of sustainable water management solutions. The transaction provides growth capital to expand climate-resilient water assets across emerging markets, creating a strategic platform addressing the critical water-energy nexus in water-stressed regions.
acquired by TAEF-led consortium
NEOM Green Hydrogen Project (2022)
Mandated Arranger with $100 million in Senior Term Loan Facility and $85 million in ACWA Power-Guaranteed Equity Bridge Loan Facility for the world’s largest green hydrogen project. Located in NEOM’s Oxagon industrial city, the $8.4 billion facility will produce 600 tons per day of green hydrogen and 1.25 million metric tons per year of liquid green ammonia upon operationalization in 2026, powered entirely by 4GW of renewable energy.
million
Impact & Sustainability
Our commitment to impact is measurable and growing. In 2024, projects we financed contributed to avoiding 30 million tons of greenhouse gas emissions and treating over 208 million cubic meters of wastewater. With $1.3 billion in sustainability-linked financing, we’re actively supporting the region’s transition to a sustainable energy future.
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The Arab Energy Fund Leads $26.3 Million Series A Round for Tagaddod to Fuel the Expansion of the Leading Cross-Border Biofuel Feedstocks Platform.
Oct 06, 2025
The Arab Energy Fund Reports Strong H1 2025 Performance with Net Profit of USD 129Mn
Sep 22, 2025
The Arab Energy Fund delivered a landmark issuance of USD 600 million, achieving competitive pricing underpinned by robust investor demand
Sep 07, 2025
Life @ TAEF
At The Arab Energy Fund, we invest in our people as much as we invest in energy. Our high-performance culture is built on talent development, with initiatives including our flagship “50+” Graduate Program, which welcomes distinguished talents from our member countries selected from a large pool of global applicants. We’re building the next generation of energy leaders.
