Jhimpir Power - Ownership and Business Overview

Renewable EnergyCompany

Jhimpir Power Ownership

Who owns Jhimpir Power?

Jhimpir Power is owned by The Abraaj Group. It was acquired on February 25, 2017.

Is Jhimpir Power PE-backed?

Yes. Jhimpir Power is owned by private equity investor The Abraaj Group.

Jhimpir Power Business Overview

Where is Jhimpir Power headquartered?

Jhimpir Power is headquartered in Pakistan.

What sector is Jhimpir Power in?

Jhimpir Power is a renewable energy company.

Renewable Energy M&A Summary in 2017

Out of 60 sectors in the Mergr database, renewable energy ranked 43 in number of deals in 2017. The largest renewable energy acquisition in 2017 was Sustainable Power Group - which was acquired by Alberta Investment Management for $1.6B.

Join Mergr to view all 50 acquisitions of renewable energy companies in 2017, including 26 acquisitions by private equity firms, and 24 by strategics.

Jhimpir Power

JPL Holdings Pte. Ltd.


Pakistan,

Jhimpir Power wholly-owns a 50 MW wind power project (the “Project”) in the Jhimpir wind corridor in Southeast Pakistan. The Project achieved financial close in August 2016 and is expected to commence operations in Q1 2018. The Jhimpir wind corridor is an established area for wind projects with 550 MW+ of capacity already operational and a further 1 GW+ under the construction and development phase. The Project will be powered by General Electric (“GE”) wind turbines, with the Huadong Engineering Corporation appointed as the EPC contractor and GE providing the overall operations and maintenance for the Project.


Company Summary

SECTOR

Renewable Energy

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Renewable Energy Companies , Pakistan Companies

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