Abu Dhabi / WAM Blue Bolt Limited, a wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA) has acquired a 36% stake in Fenix Power Peru, a thermoelectric power generation company in Lima, as part of a consortium transaction valued at US$786 million. The Peruvian investment fund SIGMA holds 13% of Fenix. Fenix Power is a power generation company which ...

Abu Dhabi / Emirates Business The Emirates Nuclear Energy Corporation (ENEC) on Tuesday announced the successful completion of Cold Hydrostatic Testing (CHT) at Unit 1 in Barakah. An event held in regard to the testing — a crucial step in preparing the plant for commercial operations — was attended by HE Matar Al Neyadi, Under Secretary of the UAE Ministry ...

Alkesh Sharma / Emirates Business How to increase the global food production by 70 percent to feed over 9 billion people by 2050; which mechanisms would be the best to profitably restore land globally; how to tackle the current water scarcity issue in various countries; and how to bring all economies on a common platform to ensure food security for ...