Money and business

“Bapco Energies Projects” invests in the American “Indium” emissions control company

Bapco Energies, the integrated energy group that is leading the transformation of the energy sector in the Kingdom of Bahrain, through its investment arm, Bapco Energies Projects Company, announced a strategic investment in the American company “Indium”, which specializes in monitoring and communications technologies and the development of platforms and solutions for monitoring industrial sites, in order to detect methane and monitor emissions using technology. It is a technology company specializing in real-time methane detection and emissions monitoring using advanced Internet of Things and computing-based data solutions.

This partnership represents the first investment by Bapco Energies Enterprises, marking a milestone in reviving Bapco Energies’ corporate projects platform and demonstrating the group’s commitment to supporting global innovation and bringing it to the Kingdom of Bahrain.

Bapco Energies Projects, as a strategic partner, will support Andium in expanding its technical work, opening horizons and opportunities for its spread at the regional level, and achieving measurable results in decarbonization operations. The Andium platform will enable industrial operators to improve safety, efficiency, and environmental performance through real-time data-based insights, which helps reduce carbon emissions across the energy value chain.

This investment is in line with Bapco Energies’ ambition to enhance digital transformation and drive decarbonization across its operations, which strengthens the group’s focus on innovation, technology integration and sustainable growth, as Bapco Energies Ventures joins a strong alliance of global investors, including Aramco Ventures and “Climate Investment”, which confirms the collective confidence in Indium technology and its practical role in promoting decarbonization of the industrial sector.

In turn, Areej Al-Shukar, CEO of Bapco Energies Projects, confirmed that this first step will bring the company’s platform to life and reflects our belief in the power of technology to accelerate transformation solutions across the energy value chain, which brings together a number of forward-thinking innovators such as Indium, which helps develop practical and scalable solutions that improve efficiency, safety, and environmental performance, creating long-term value for the Kingdom of Bahrain and the wider region.

This investment reflects Bapco Energies’ commitment to deploying capital that accelerates the energy transition in the Kingdom of Bahrain, enhances the integration of advanced technologies, and supports the Kingdom’s long-term economic diversification programs.

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