AMEA and Cox to develop Water and Energy Projects

Spanish firm Cox, a global leader in water and energy with more than 55 years of experience, and AMEA Power, one of the fastest growing renewable energy companies in the Middle East and Africa (MEA), have joined forces to establish a Joint Venture (JV) focused on developing, executing, and managing strategic water and energy infrastructure projects across MEA.

The JV brings together Cox’s extensive experience and strong global market positioning with AMEA Power’s leadership in the energy sector, creating a powerful alliance to develop integrated infrastructure projects where access to water and energy are deeply interconnected.

By combining their technical, operational, and financial capabilities, both companies aim to address critical resource challenges in regions with rapidly increasing demand.

This partnership builds on the existing relationship between Cox and AMEA Power. As an anchor shareholder, AMEA Power holds a 3.76% stake in Cox, acquired during Cox’s IPO in November. This investment represents a long-term commitment and provides strategic support to Cox’s growth and development plans.

Executive Chairman of Cox Enrique Riquelme said that this JV represents a critical step in Cox’s growth strategy, emerging from an integrated vision that combines water and energy solutions to tackle the most pressing challenges and meet the demands of markets in the MEA.

Cox aims to develop projects where access to water and energy complement each other, creating new opportunities where both are essential for the sustainable development of communities through this partnership, he said.”

AMEA Power Chairman Hussain Al Nowais said that the JV, a strategic alliance that brings together AMEA Power’s expertise in renewable energy and Cox’s leadership in water solutions.

“This partnership underscores our shared commitment to sustainable development and improving access to essential resources across Africa, the Middle East and Asia. It also reflects our continued support for Cox’s growth and sustainability initiatives in these key regions,” he added.

Cox has a current concession portfolio of 5 water assets for up to 945,000 cu. m. per day, 6 energy generation projects and 2 transmission line concessions. The company is a globally recognised leader in the water sector with over 250 client certifications and more than 20 international industry awards and has delivered more than 8.3 cu. m. per day in desalination and treatment capacity worldwide.

Forefront of Energy Transition

Headquartered in Dubai, AMEA Power is at the forefront of the global energy transition, with active operations and advanced development pipelines in more than 20 countries. Its diversified portfolio includes a project pipeline exceeding 6 GW and more than 2,600 MW in operation and under construction.

Recognised by TIME Magazine as one of the world’s top greentech companies, AMEA Power is uniquely positioned to lead the development of renewable energy projects across emerging markets. The company’s capabilities across development, financing, construction and operation, ensure the efficient delivery of large-scale projects.

AMEA Power is the developer of some of the largest projects in Africa, Middle East and Asia, and they include 500 MW Amunet wind farm in Egypt, 500 MW +300 MWh Battery Energy Storage System (BESS) Abydos solar plant in Egypt, one of the largest solar PV project on the continent; 70 MW + BESS Sheikh Mohamed Bin Zayed solar plant in Togo, the largest in West Africa; the 50 MW Alhusainiyah solar plant in Jordan, a key part of Jordan’s national energy strategy; and the 1 GW wind project in Uzbekistan, a flagship wind project in Central Asia.