In 2025, the Fund entered a new Investments and Partnerships phase.
Following a multi-year build-up
focused on strategy definition and team mobilization, the year was defined by active capital deployment, portfolio maturation, and disciplined growth.
The Fund continues to deploy equity across the energy supply chain, critical infrastructure, energy services, renewables, cleantech, and energy transition enablers. This clarity of mandate reflects institutional continuity, while execution momentum in 2025 demonstrates expanded capability.
As of year-end 2025,
the investments
portfolio reached a
value of $1,635Mn.
This growth reflects disciplined capital
allocation rather than opportunistic expansion. The Fund continues to prioritize capital preservation, cash-flow visibility, and scalable platforms aligned with its long-term mandate. The year also included active portfolio optimization, e.g., the divestment from MOPCO.
1,635Mn
Investment portfolio reached a value of USD 1,635Mn
The Fund pursues both direct and indirect investments.
Direct investments focus on:
Mature platforms with established operations and scalable opportunities
Greenfield projects supported by proven technologies and robust contractual frameworks
The Fund does not invest directly in early-stage or non-mature technologies. Exposure to early-stage innovation is achieved indirectly. The TAEF–Hartree Cleantech Fund, primarily undertakes venture capital investments targeting next-generation energy technologies.
This disciplined approach ensures growth is aligned with institutional risk appetite and long-term capital stewardship.
Investing in
Sectors
Energy Supply Chain
New Energy
Infrastructure
Aviation & Downstream
In 2025, the Fund expanded its indirect exposure to global energy transition themes through commitments to:
01
TPG Climate Rise 2
02
Stonepeak Global Renewable Fund 2
03
I-Squared Capital Middle East Fund
These partnerships strengthen cross-border connectivity, enable exposure to large-scale renewable platforms, and reinforce collaboration with globally recognized investment managers.
2025 also reflected disciplined portfolio management through significant exits, e.g., MOPCO.
Portfolio Optimization and
Capital Recycling
Such exits demonstrate active capital recycling and portfolio optimization aligned with long-term strategy.
Looking forward, the Fund will continue scaling the portfolio with emphasis on:
01
New energy technologies
02
Strategic supply chain infrastructure
03
Deepened co-investment partnerships
As the Fund enters its next chapter, equity deployment remains guided by institutional discipline. Growth is pursued through scalable platforms, structured governance, and capital stewardship aligned with long-term energy resilience.
Growth and Impact
Expanding Impact Across the Energy Value Chain