GSU acquires 51% stake in 40Capital

Abu Dhabi’s World South Utilities (GSU) has acquired a 51% stake in renewable vitality firm 40Capital, which focuses on run-of-the-river hydroelectric tasks within the Commonwealth of Impartial States (CIS), with an emphasis on Kyrgyzstan.

The acquisition, signed throughout Abu Dhabi Sustainability Week 2026, marks GSU’s entry into the Kyrgyz market and extends its operations inside the CIS area.

This transfer can be GSU’s first involvement with run-of-the-river hydro expertise inside its portfolio.

GSU managing director and CEO Ali Alshimmari stated: “This funding displays GSU’s continued dedication to increasing clear, dependable vitality options throughout rising markets, whereas diversifying the applied sciences by way of which we ship influence.

“The run-of-the-river hydro tasks are a pure complement to our portfolio, significantly in areas the place water sources can help steady, long-term energy technology.”

40Capital, established in Abu Dhabi, United Arab Emirates, develops and operates hydro tasks to provide electrical energy to distant communities.

Its initiatives in Kyrgyzstan are aligned with nationwide goals to reinforce vitality safety by utilising native hydrological sources.

Alshimmari added: “Kyrgyzstan represents a strategic entry level into the CIS, constructing on our momentum in central Asia and reinforcing GSU’s position as a platform for World South and emerging-market vitality funding.”

GSU, a part of Sources Funding in Abu Dhabi, intends to help the expansion of 40Capital’s portfolio utilizing its experience in vitality infrastructure growth and financing throughout rising markets.

Following the acquisition, 40Capital will retain its present administration crew and proceed specializing in challenge growth and partnerships all through the CIS.

The corporate is anticipated to leverage GSU’s technical and monetary sources whereas sustaining its operational method.

In September final 12 months, GSU opened the 50MW Noor Chad photo voltaic photovoltaic plant in N’Djamena, Chad’s first utility-scale photo voltaic facility.

“GSU acquires 51% stake in 40Capital” was initially created and revealed by Energy Know-how, a GlobalData owned model.

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