Invenergy Partners with GFH via Blackstone for Energy Expansion

GFH Financial Group B.S.C., a notable financial group in the Gulf region, has announced a significant investment in Invenergy, the largest privately-held clean energy developer, through Blackstone's infrastructure investment vehicles. Headquartered in the United States, Invenergy has a considerable track record of over 20 years in creating and managing wind, solar, and natural gas projects along with energy storage facilities, having developed over 200 projects amounting to 33 GW of generating capacity across the Americas, Europe, and Asia. This strategic investment aligns with both GFH's focus on promising sectors and energy transition trends, driven by the U.S.'s 2050 Net Zero targets. The Group’s Chief Investment Officer, Mr. Hammad Younas, highlighted the investment as a significant step within their impact investing strategy, providing stable cash flows from renewables amid favorable conditions in the U.S. GFH, with over $21 billion dollars in assets under management, continues to emphasize investments across various geographical markets, including the GCC, North Africa, India, and strategically in Western countries.