International Holding Company (IHC), a “diversified Abu Dhabi based-conglomerate” announced on 11 August that it is paying AED 1.8bn ($490mn) for 50% of Turkey’s largest renewables firm Kalyon Enerji. Kalyon operates 1.5GW of solar PV projects and 1GW of wind, all in Turkey. The lion’s share of this is accounted for by the 1.35GW Karapinar […]
IHC to invest $2 bn in Adani Group’s green portfolio – EQ Mag Pro
New Delhi : Abu Dhabi-based conglomerate International Holding Company will invest USD 2 billion in three green-focused companies in the Adani Group through preferential share allotment. “IHC will invest Rs 3,850 crore in Adani Green Energy Ltd (AGEL), Rs 3,850 crore in Adani Transmission Ltd (ATL) and Rs 7,700 crore in Adani Enterprises Ltd (AEL),” […]
IHC Harnesses Solar Energy to Power Efficient Agricultural Production
Abu Dhabi-based International Holding Company PJSC (ADX: IHC) is building a pioneering solar-powered irrigation system to drive increased energy-efficient agricultural production in Egypt. The initiative, which is designed to be replicated across the country, aims to increase production of fruit and vegetables for export, create skilled jobs in a modernized agriculture sector, and optimise energy […]
Abu Dhabi’s IHC eyes pioneering solar irrigation system in Egypt
Abu Dhabi-based International Holding Company is building a pioneering solar-powered irrigation system to drive increased energy-efficient agricultural production in Egypt, through its subsidiary, Al Hashemeya Company for Land Reclamation and Cultivation. Al Hashemeya has invested AED1.5 million ($408,280) in setting up the pilot project, which is made of six wells spread over 500 acres, using […]