Investment Portfolio

Cayan lead the origination and development of the region’s first copper tube manufacturing facility to serve the growing regional air-conditioning and refrigeration market. Project is a classic import substitution play driven by strong market demand and compelling project economics. Mueller Middle East, is a structured as a joint venture between Cayan, Mueller Industries as the technology partner and Bahrain Mumtalakat Holding Company as a local strategic investor. Mueller Industries is listed on NYSE and is a world leader in the copper tubing industry with a track record of over 100 years in the industry.

Technology investment focused on a renewables play and ultimately to capitalize on a value chain play in the regional renewables space. Flabeg is a glass mirror manufacturer based in Germany serving the Solar energy markets globally. Flabeg manufactures precisely bent concave mirrors used in utility scale Concentrated Solar Power (CSP) projects.

Pawame brings together solar and mobile technology to provide affordable, clean and bright energy to off-grid population in Kenya. Pawame’s solution and mission is a pay-as- you-go Solar Home System that enables customers to (a) immediately benefit from clean and affordable electricity, while (b) building a credit history that can unlock access to other life-changing products and services, like scholarship loans and micro-insurance. Thus, Pawame delivers more than just energy.

Waste management is a growing regional imperative. All GCC countries are wrestling with antiquated waste management infrastructure, limited land for land-fills and looking to deploy solutions and technology with efforts being led by private sector participants. Our investment in Beatona intends to capitalize on these trends. Beatona owns the largest material recovery facility in the world in the Riyadh region of the Kingdom of Saudi Arabia. Beatona is also a developer of waste-to-energy solutions with successful operations in both Europe and the GCC.

Growing emphasis on international standards in industrial safety and fire safety and security systems in the Kingdom of Saudi Arabia. Aujan Industrial Supplies is a value safety solutions provider and supplier of personal protective equipment and fire & gas detection and protection equipment. AIS was established in 1977, by the Aujan family group, and has long standing relationships with the main international manufacturers of safety equipment including MSA, Honeywell, Brady and 3M.

MENAISCO was developed to provide technical and engineering support services to large projects in the region. Regional shortage of skilled manpower along with project cycle favors a temporary but quality solution for customers. MENAISCO employs over 200 engineers deployed against various projects in Saudi Arabia, Bahrain, Jordan, Iraq and Libya with customers that include GE Oil & Gas and Schlumberger.

Anaerobic Power Biogas Benesov s.r.o. (APBB) is a company registered in Czech Republic and located at Přibyšice/Neveklov in the South of Prague. APBB operates a waste treatment plant with the anaerobic digestion process by using the ADOS technology of IUT Austria. APBB treat since February 2009 organic waste out of the region including the city of Prague. All food waste from Prague restaurants, large kitchens arriving daily the plant together with commercial and industrial organic waste streams, expired food and meat, market waste and separate collected kitchen waste from households. The plant as approved to take up to 35.000 ton per year organic waste, out of this the approval allows also to accept up to 10.000 ton per year organic waste from Category III as specified in the European waste catalogue (Slaughterhouse waste and similar).

The plant can sell 1 MW electrical power to the Czech grid and receives the “green bonus” for selling this power until December 31st,2028. The technology operates with a high Biogas yield out of this organic waste (average 200 to 220 m³/ton input) because of a very good biological stability in the thermophilic reactors. APBB plant runs now as the most developed and efficient AD plant with best economical and ecological results.