"Emia Power" Emirati and"Cox" Spanish is a coalition to develop projects in the water and renewable energy sectors
Abu Dhabi, May 28 / WAM / The Emirati Emmy Power signed an agreement with the Spanish facilities group “Cox”, specialized in water and energy facilities, to establish a strategic alliance to develop joint qualitative infrastructure projects in the water and energy sectors in Africa, the Middle East and Asia.
This alliance brings together a large -scale experience with a strong global market standing, and the leadership of “Emia Power” in the renewable energy sector, and combines their technical, operational and financial capabilities, which enables them to benefit in an integral manner to develop quality projects that contribute to supporting sustainable development through clean water and energy projects in the regions and countries that are witnessing an increasing demand in this vital sector.
His Excellency Hussein Jassim Al -Nuwais, Chairman of the Board of Directors of “Emia Power”, expressed his pride in partnership with “Cox” in establishing this joint project, a strategic alliance that combines experience in the field of renewable energy and the leadership of “Cox” in water solutions, which confirms the joint commitment to sustainable development and improve access to basic resources throughout Africa, the Middle East and Asia, as this partnership reflects support The continuing “Emia Power” for the “Cox” initiatives for growth and sustainability in these main areas.
“This joint project is a decisive step in the” Cox “growth strategy, and it emerges from an integrated vision that combines water and energy solutions to face the most urgent challenges and meet the needs of the Middle East and Africa markets.
He explained that this partnership aims to develop projects in which access to water and energy integrates, which creates new opportunities that are essential to the sustainable development of societies.
“Emia Power” had acquired a stake in the Spanish company specialized in water and energy solutions during a preliminary proposal for the last shares in the Spanish financial markets of 3.76%, as part of a strategic plan for “Emia Power” that includes entering into the field of sea water desalination and green hydrogen production in the Middle East and Africa to face the great scarcity of water.
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