Arab Petroleum Investments Corporation

Overview

Established in 1975, the Arab Petroleum Investments Corporation (APICORP) is a multilateral development bank wholly owned by the member states of the Organization of Arab Petroleum Exporting Countries (OAPEC). Its mission is to support and foster the development of the Arab world’s energy sector and petroleum industries through a diverse range of financing and direct equity solutions, as well as energy research and advisory services. APICORP's authorized capital has grown from $1.2 billion at its inception to $20 billion, with a balance sheet exceeding $8 billion. APICORP's investment strategy encompasses various asset classes, including private equity, infrastructure, and fixed income. The corporation focuses on growth, late-stage, pre-IPO, and buyout stages, aiming to enhance the energy sector's sustainability and competitiveness. Its geographical focus spans the member countries of OAPEC, encompassing nations such as Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain, Oman, Egypt, Algeria, Iraq, Libya, Morocco, Tunisia, Jordan, Lebanon, Syria, Sudan, Yemen, Mauritania, Somalia, and Djibouti. The corporation's investments cover a wide array of industries, including energy, infrastructure, financial services, oil and gas, petrochemicals, renewable energy, power generation, water desalination, transportation, logistics, real estate, construction, telecommunications, healthcare, and education. APICORP's track record includes significant investments in major energy projects, contributing to the sustainable development of the region's energy sector. Its investment philosophy emphasizes a strong commitment to environmental, social, and governance (ESG) principles, aiming to drive positive change and support the energy transition in the Arab world. The corporation's robust governance frameworks and high credit ratings underscore its role as a trusted advisor and catalyst for sustainable development in the region.

Investment Focus

• Projects must be energy-focused and contribute to the sustainable development of the Arab region's energy sector.
• Investments should align with APICORP's strategic objectives and ESG commitments.
• Projects must be located within the member countries of OAPEC.

Portfolio Companies