Cox and AMEA Power have announced the creation of Water Alliance Ventures, a new joint venture focused on advancing water and energy infrastructure across the Middle East, Africa, and Asia.
Cox currently holds a concession portfolio of five water assets with a combined capacity of up to 945,000 m³/day, six energy generation projects, and two transmission line concessions. Recognised for its engineering, procurement, and operations and maintenance services, Cox has developed more than 8.3 million m³/day in desalination and treatment capacity globally.
Cox’s operations are centered on a concession-based model, with a portfolio diversified across high-growth countries. The company has received over 250 client certifications and more than 20 international awards. Global Water Intelligence ranked Cox among the top three global water companies between 2014 and 2021.
AMEA Power, based in Dubai, operates across more than 20 countries with a renewable energy project pipeline exceeding 6 GW. The company has over 2,600 MW in operation and under construction. Named one of the World’s Top Greentech Companies by TIME Magazine, AMEA Power has developed key energy projects such as the 500MW Amunet wind farm in Egypt and the 1 GW wind project in Uzbekistan.
The partnership combines Cox’s expertise in water solutions with AMEA Power’s renewable energy capabilities to implement integrated infrastructure projects
The new joint venture aims to address the growing demand for water and energy infrastructure in regions where these sectors are closely linked. The partnership combines Cox’s expertise in water solutions with AMEA Power’s renewable energy capabilities to implement integrated infrastructure projects.
The joint venture also builds on an existing relationship between the two companies. AMEA Power became an anchor shareholder in Cox following its IPO in November, acquiring a 3.76% stake.
Enrique Riquelme, Executive Chairman of Cox, said: “This Joint Venture represents a critical step in Cox’s growth strategy, emerging from an integrated vision that combines water and energy solutions to tackle the most pressing challenges and meet the demands of markets in the Middle East and Africa. Through this partnership, we aim to develop projects where access to water and energy complement each other, creating new opportunities where both are essential for the sustainable development of communities.”
Hussain Al Nowais, Chairman of AMEA Power, commented: “We are proud to partner with Cox in establishing this Joint Venture, a strategic alliance that brings together AMEA Power’s expertise in renewable energy and Cox’s leadership in water solutions. This partnership underscores our shared commitment to sustainable development and improving access to essential resources across Africa, the Middle East and Asia. It also reflects our continued support for Cox’s growth and sustainability initiatives in these key regions.”
