Gridora: Joint Venture for Pioneering Infrastructure
Deal News | Apr 17, 2025 | Zawya
Abu Dhabi's state-owned investment firm, ADQ, has partnered with International Holding Company (IHC) and Modon Holding to create a new joint venture named Gridora. This venture aims to establish an infrastructure platform focusing on the swift execution of large-scale and impactful development projects both within the UAE and on an international scale. By utilizing Gridora, the firms plan to enhance returns through two core business lines: Infrastructure Projects and Infrastructure Investments. This collaboration emphasizes ADQ's strategic vision and the regional emphasis on significant infrastructure developments.
Sectors
- Infrastructure Development
- Investment Management
Geography
- United Arab Emirates – The joint venture involves UAE-based companies and focuses on projects both domestically and globally, making the UAE the primary geographical interest.
- Global – The venture aims to take on infrastructure projects globally, highlighting an expansive geographical scope beyond just the UAE.
Industry
- Infrastructure Development – The article focuses on the formation of a joint venture to handle large-scale infrastructure projects, directly linking it to the infrastructure development sector.
- Investment Management – ADQ and its partners aim to secure long-term investment returns through the new entity, tying the article to the investment management sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ADQ | Participant | Company | Abu Dhabi's state-owned investment company and one of the key entities in forming the Gridora joint venture. |
| International Holding Company (IHC) | Participant | Company | A diversified conglomerate from Abu Dhabi participating in the Gridora joint venture. |
| Modon Holding | Participant | Company | A company focusing on infrastructural development in the UAE, operating the newly formed Gridora. |
| Gridora | Target Company | Company | The newly formed joint venture entity focused on infrastructure projects and investments. |