Alcazar Energy is an independent developer and power producer, focused on mid-market renewable energy generation across the META region (broader Middle East, Turkey and Africa) with an emphasis on solar PV and onshore wind technologies.
Established in early 2014 to address the region’s growing shift towards renewable energy, the company now has a portfolio of 470 MW spanning Jordan, Egypt and Turkey; demonstrating its expertise in origination, development, structuring, acquisition, operation and maintenance of renewable energy projects.
Backed by an experienced leadership team and trusted strategic partners, including Blu Stone Management and Dash Ventures, and world class institutional investors IFC (member of the World Bank Group), AMC, and Mubadala Infrastructure Partners; Alcazar Energy is poised for growth and seeking to further strengthen its country presence.
Its leadership team has financed and developed over 100 power projects, across 27 countries with a combined power capacity in excess of 41 GW (of which 11 GW is in renewable energy) and has prove capabilities in financial management, due diligence, underwriting and project delivery; with a strong sense of fiduciary responsibility to its partners, investors and local communities.
Alcazar Energy fills a space created by the modular nature of the renewable energy industry, working in partnership with local governments and authorities to enhance their communities’ quality of life, and towards building a sustainable future for all.
Recognizing the benefits derived from renewable energy, such as the reduction in the dependency on fossil fuels, many governments have introduced supportive regulatory environments to meet their ambitious renewable energy targets.
Jordan has been one of the region’s leaders in this field, offering investors the ability to secure appropriate returns, whilst benefiting from the increasing competitiveness offered by renewable energy projects over conventional power sources.
To fulfill this demand, Alcazar Energy is working with local and international EPC partners, multilaterals and investors on a pipeline of projects, many of which have achieved significant development milestones, furthering its commitment to the region and contributing to the betterment of society.