The Arab Energy Fund
Riyadh, Saudi Arabia
About
Founded in 1975, The Arab Energy Fund is a renewable energy company headquartered in Riyadh, Saudi Arabia specializing in Hydrogen, Other.
The Arab Energy Fund (TAEF) is a multilateral impact financial institution founded in 1975 by ten Arab oil-exporting countries under an international agreement. It provides debt and equity financing, strategic investments and advisory services to support energy security, sustainability and economic prosperity across the MENA region and in projects in around 35 countries. Its activities span the energy value chain, including hydrocarbons and an expanding focus on renewables, green hydrogen, biofuels and sustainable finance. It operates under a Central Bank of Bahrain banking license and issues conventional, sukuk and green bonds.
Headquarters
Founded
Focus areas
Products & services
Business models
Value chain
Service areas (1)
Energy financing and investment
Debt and equity financing, strategic investments and advisory solutions supporting energy security, sustainability and local value chains.
Locations
Headquarters
Prince Turki Ibn Abdulaziz Al Awal 7116, 13523, Riyadh, Saudi Arabia
Operating locations (1)
- Al-Seef District, Al-Moayyed Tower Road 2832, Block 428, Manama, Bahrain
Service regions
Projects
2NEOM Green Hydrogen Project
Green hydrogen and green ammonia project in NEOM's Oxagon industrial city, powered by 4GW of renewable energy. The Fund is mandated arranger, providing a 100 million senior term loan and an 85 million ACWA Power-guaranteed equity bridge loan within an 8.4 billion facility.
Tagaddod Series A
Led a 26.3 million Series A equity round for Tagaddod, a biofuel feedstock platform supporting Sustainable Aviation Fuel and renewable diesel production.
Credentials & affiliations
Awards
Most Improved Bond Market Issuer
Debut Sovereign, Supranational & Agency Bond Deal of the Year
Partnerships
ACWA Power, BlackRock, NEOM
Sustainability
30M
Tonnes CO₂/yr avoided
