Cox and AMEA Power have collaborated to establish a joint venture (JV) that aims to develop, execute, and manage strategic water and energy infrastructure projects across the Middle East, Africa, and Asia.

The partnership is built on the existing relationship between Cox and AMEA Power. As an anchor shareholder, AMEA Power holds a 3.76% stake in Cox, acquired during Cox’s initial public offering. This long-term investment serves as strategic support for Cox’s growth and development plans.

Enrique Riquelme, Executive Chairman of Cox said, “This JV 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 added, “We are proud to partner with Cox in establishing this JV, 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.”

The JV brings together Cox’s experience and global market positioning with AMEA Power’s leadership in the energy sector, forming an alliance to develop integrated infrastructure projects, where water and energy access are deeply intertwined. By combining their technical, operational, and financial capabilities, both companies aim to address critical resource challenges in regions experiencing rapid demand growth.