What We Do
We serve the entire energy value chain through three integrated business lines: Corporate Banking, Investments & Partnerships, and Treasury & Capital Markets.
Our approach strikes a balance between commercial discipline and impact orientation, supporting both traditional hydrocarbons and the transition to new energy solutions.
Corporate Banking
Financing Impactful Energy Projects Across MENA and Beyond
Operating from Riyadh and Manama, Corporate Banking is a cornerstone of the Fund’s mission, with a portfolio size of $5.75 billion, operating through two specialized units that serve the entire energy value chain.
EXPLORE MOREOur Energy Infrastructure & Advisory Unit and Trade & Commodity Financing Unit deliver conventional and Shariah-compliant solutions tailored to the evolving needs of energy sector clients across MENA, and parts of Europe.
Investments & Partnerships
Driving Strategic Equity Investments for Energy Transformation
We deploy $1.47 billion in strategic equity capital across two core themes: Energy Supply Chains (chemicals, minerals, local content manufacturing) and New Energy Solutions (renewables, cleantech, transition technologies).
EXPLORE MOREOur approach combines direct equity stakes with fund partnerships alongside leading institutional investors.
Treasury & Capital Markets
Strengthening Financial Resilience and Liquidity Management
Our Treasury function optimizes liquidity and funding costs through disciplined asset-liability management, while our Capital Markets team delivers FX and rates products that enable energy sector participants to hedge exposures and manage financial risks across volatile commodity and currency markets.
EXPLORE MOREWe manage $3.56 billion in treasury assets while providing sophisticated capital markets solutions to our clients.
Case Studies
Stanford Marine Fleet Financing (2024)
Structured a comprehensive facility to fund maritime operations for Stanford Marine LLC and Allianz Middle East Ship Management LLC, supporting critical energy logistics and trading flows across international waters.
million
Bapco Energies Pipeline Project (2024)
Provided financing to support BlackRock’s participation in the Bapco Energies Pipeline Project, enhancing midstream infrastructure and regional energy export capacity in a strategic transaction combining multilateral and institutional capital.
million
ADNOC Waste Processing Plants (2023)
Co-Mandated Lead Arranger and Structuring Bank for the $600 million acquisition financing of ADNOC Refining’s two waste processing plants by a Veolia-led consortium. Underwrote half the transaction, enabling hazardous industrial waste treatment capacity of nearly 70,000 tons annually at the Al Ruwais industrial complex.
million
Barakah Nuclear Power Plant (2023)
Strategic secondary market purchase in Barakah 1, the UAE’s landmark nuclear power project. The facility will supply up to 25% of the UAE’s electricity needs when fully operational, preventing up to 22 million tons of carbon emissions annually, demonstrating our commitment to carbon-free energy infrastructure.
million