Equivalent number of cars removed from the roads
Investing in the nation’s most energy-efficient power plant.
With our backing, a new 1.5bn AED power plant is leading the UAE’s drive to more efficient energy: saving natural resources, and reducing costs and emissions.
A key contributor to the UAE Energy Strategy 2050, the facility features a Siemens H-Class gas turbine that’s set to reduce emissions by 10% – the equivalent of planting 17 million trees a year.
This includes a 58% drop in nitrous oxide emissions alone: a benefit to local air quality equal to removing 850,000 cars from the road.
Fully operational by Q3 2021, the plant in Jebel Ali, Dubai will be operated by Emirates Global Aluminium, and ultimately generate 600 MW of energy. It already has a 25-year contract in place. Our investment is a partnership with MDC Power Holding Company (Mubadala) through an equally-owned company, JA Power and Water Co.