ADQ and Energy Capital Partners to launch US$25bn investment partnership in US to expand power generation for energy-intensive industries

ADQ, an Abu Dhabi-based investment and holding company, and Energy Capital Partners (ECP), the largest private owner of power generation and renewables in the United States, have entered into an agreement to establish a 50-50 partnership in new build power generation and energy infrastructure. They plan to invest more than US$25 billion across 25 GW worth of projects focused on meeting the growing power needs of data centres and other energy-intensive industries. The initial capital contribution from both partners is expected to be US$5 billion.