The Arab Energy Fund (formerly APICORP), a multilateral impact financial institution focused on the MENA energy sector, and Stonepeak have joined forces to invest in energy infrastructure across the Middle East through a $1 billion strategic partnership.
The Arab Energy Fund, established in 1974 by the 10 Arab oil-exporting countries, aims to enable a secure, sustainable energy future for the region through a comprehensive range of financing and direct equity solutions and expert advisory services across the entire energy value chain. The Arab Energy Fund applies best-practice ESG principles across all operations, with environmental and socially linked projects making up 20 percent of its $5.8 billion loan portfolio.
Maheur Mourali, CIO of The Arab Energy Fund, said the partnership with Stonepeak reinforces the fund’s long-term strategy to back high-quality energy assets in collaboration with experienced global investors.
“This strategic alliance marks a def
