MENA Infrastructure Exits Alexandria International Container Terminals & United Power Company (MENA)

Source: MENA Infrastructure

MENA Infrastructure, an infrastructure fund manager focused on the Middle East, North Africa and Turkey region, has sold its 30 percent stake in Egypt-based port terminal operator Alexandria International Container Terminal to global port investor Hutchison Port Holdings. Separately, MENA Infrastructure has exited its 38 percent stake in Oman-based power plant operator United Power Company to Saudi Arabia-based renewable energy facility operator Khaled Juffali Energy and Utilities. MENA Infrastructure had originally invested in both companies through its MENA Infrastructure Fund. Financial details of the transactions were not disclosed.