GSU acquires 51% stake in 40Capital

Abu Dhabi’s Global South Utilities (GSU) has acquired a 51% involvement successful renewable vigor institution 40Capital, which focuses connected run-of-the-river hydroelectric projects successful the Commonwealth of Independent States (CIS), with an accent connected Kyrgyzstan.

The acquisition, signed during Abu Dhabi Sustainability Week 2026, marks GSU’s introduction into the Kyrgyz marketplace and extends its operations wrong the CIS region.

This determination is besides GSU’s archetypal engagement with run-of-the-river hydro exertion wrong its portfolio.

GSU managing manager and CEO Ali Alshimmari said: “This concern reflects GSU’s continued committedness to expanding clean, reliable vigor solutions crossed emerging markets, portion diversifying the technologies done which we present impact.

“The run-of-the-river hydro projects are a earthy complement to our portfolio, peculiarly successful regions wherever h2o resources tin enactment stable, semipermanent powerfulness generation.”

40Capital, established successful Abu Dhabi, United Arab Emirates, develops and operates hydro projects to proviso energy to distant communities.

Its initiatives successful Kyrgyzstan are aligned with nationalist objectives to heighten vigor information by utilising section hydrological resources.

Alshimmari added: “Kyrgyzstan represents a strategical introduction constituent into the CIS, gathering connected our momentum successful cardinal Asia and reinforcing GSU’s relation arsenic a level for Global South and emerging-market vigor investment.”

GSU, portion of Resources Investment successful Abu Dhabi, intends to enactment the maturation of 40Capital’s portfolio utilizing its expertise successful vigor infrastructure improvement and financing crossed emerging markets.

Following the acquisition, 40Capital volition clasp its existent absorption squad and proceed focusing connected task improvement and partnerships passim the CIS.

The institution is expected to leverage GSU’s method and fiscal resources portion maintaining its operational approach.

In September past year, GSU opened the 50MW Noor Chad star photovoltaic works successful N’Djamena, Chad’s archetypal utility-scale star facility.

"GSU acquires 51% involvement successful 40Capital" was primitively created and published by Power Technology, a GlobalData owned brand.

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