{"id":99797,"date":"2025-08-19T00:00:00","date_gmt":"2025-08-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/08\/19\/stonepeak-launches-mena-renewables-platform\/"},"modified":"2025-08-19T00:00:00","modified_gmt":"2025-08-19T00:00:00","slug":"stonepeak-launches-mena-renewables-platform","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/08\/19\/stonepeak-launches-mena-renewables-platform\/","title":{"rendered":"Stonepeak launches MENA renewables platform"},"content":{"rendered":"

US-based infrastructure investor Stonepeak launched a new <\/strong>platform for<\/strong> developing renewable energy projects across MENA, named <\/strong>WahajPeak<\/strong>, according to a <\/span>statement<\/a>. The investor, which boasts over USD 76 bn in AUM, tapped Jinko Power's former vice president Mothana Qteishat to lead the platform, which will target utility-scale solar, wind, and battery storage projects, with a focus on the Gulf.<\/span><\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

The launch comes after Stonepeak\u2019s <\/strong>USD 1 bn agreement<\/a><\/strong> in May with the Arab Energy Fund<\/strong> to back energy infrastructure projects across the region. Stonepeak also opened offices in Abu Dhabi<\/a> and Riyadh<\/a> in the past two years as the firm expanded its presence.<\/p>\n

Stonepeak has rolled out similar renewables-focused platforms in North America, Asia, and Europe<\/strong> and currently has 10.4 GW of capacity in operation or development across solar, wind, and battery storage systems, the statement adds. <\/p>\n

REMEMBER- <\/strong>Our region is on track to triple its renewable energy capacity to 150 GW<\/a> by 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"

The platform will target utility-scale solar, wind, and battery storage projects, with a focus on the Gulf<\/p>\n","protected":false},"author":1,"featured_media":99798,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2570],"tags":[2425,10,66,4249],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-99797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-energy","tag-enterpriseam-ksa","tag-infrastructure","tag-stonepeak","wpautop","entry"],"acf":{"mongo_id":"5fc2b187-1975-4073-a323-0e32872574ec","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/6\/978.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Stonepeak expands Middle East footprint with USD 1 bn-backed renewable energy platform","related_issue":[99792],"teaser":"The platform will target utility-scale solar, wind, and battery storage projects, with a focus on the Gulf","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.9d8e580a-35de-4f5e-99fc-a907d742d718.mp3"},"yoast_head":"\nStonepeak launches MENA renewables platform - 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