{"id":111505,"date":"2026-01-15T00:00:00","date_gmt":"2026-01-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/"},"modified":"2026-01-15T07:48:34","modified_gmt":"2026-01-15T07:48:34","slug":"this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/","title":{"rendered":"THIS MORNING: Amea Power is in talks to double its capital this year + Masdar eyes JV with Montenegro\u2019s state utility EPCG"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends, and happy almost-FRIDAY. <\/strong>As we\u2019ve teed up earlier this week, the UAE has joined the US\u2019 tech supply chain coalition, Pax Silica, with the first signs of action already underway as IHC plans to invest alongside the US\u2019 international investment arm in critical minerals, energy, and other strategic sectors for the two countries. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The move could stand to be a big boon for the UAE\u2019s AI ambitions<\/strong>, paving the way for more cooperation with other countries in the coalition, including South Korea \u2014 a major player in the supply chain, and for easier access to US compute. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sovereign wealth fund Mubadala is also quietly growing its influence in global financial markets<\/strong>, as subsidiary CI Financial snaps up some CAD 26 bn in assets through its latest acquisition. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, the local retail and industrial markets were tighter than ever in 3Q 2025<\/strong>, according to Cavendish Maxwell, as supply remains scarce and tenants are forced to make tough decisions if they want to capitalize on the population boom in Dubai. <\/p>\n<p class=\"tag-border-left\"> Happening today<\/p>\n<p><a target=\"_blank\" id=\"kix.3kpx64uo9iap\" rel=\"noopener\"><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/abudhabisustainabilityweek.com\/\" style=\"\" rel=\"noopener\">Abu Dhabi Sustainability Week<\/a><\/strong><strong> kicked off earlier this week and <\/strong><strong>wraps up today<\/strong> at the Adnec Center, bringing together global leaders to discuss sustainability action across interconnected systems. Heads of state including the Philippines\u2019 Ferdinand Marcos Jr, South Africa\u2019s Cyril Ramaphosa, and Nigeria\u2019s Bola Tinubu are among those attending.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The week\u2019s program includes:<\/strong><\/p>\n<ul>\n<li>The <a target=\"_blank\" href=\"https:\/\/www.worldfutureenergysummit.com\/#\/\" style=\"\" rel=\"noopener\">World Future Energy Summit<\/a>, which started Tuesday and ends today;<\/li>\n<li>The <a target=\"_blank\" href=\"https:\/\/abudhabisustainabilityweek.com\/en\/adsw\/adsw-roundtables\" style=\"\" rel=\"noopener\">ADSW Dialogues<\/a> and <a target=\"_blank\" href=\"https:\/\/masdar.ae\/en\/strategic-global-initiatives\/wiser\/wiser-annual-forum\" style=\"\" rel=\"noopener\">Wiser Forum<\/a>, which kicked off Sunday and conclude today;<\/li>\n<li>The Global Climate Finance Center Annual Meeting and <a target=\"_blank\" href=\"https:\/\/abudhabisustainabilityweek.com\/en\/adsw\/adsw-2026\/adsw-events\/green-hydrogen-summit\" style=\"\" rel=\"noopener\">Green Hydrogen Summit<\/a>, which close the summit today.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Other conferences coming up this week: <\/strong><\/p>\n<ul>\n<li>Industrial trade show <a target=\"_blank\" href=\"https:\/\/steelfabme.com\/\" style=\"\" rel=\"noopener\">SteelFab<\/a> kicked off Monday and wraps today at the Expo Center Sharjah; <\/li>\n<li>The <a target=\"_blank\" href=\"https:\/\/www.dipmf.ae\/en\/\" style=\"\" rel=\"noopener\">Dubai International Project Management Forum<\/a> also kicked off Monday and runs through today in Dubai;<\/li>\n<li><a target=\"_blank\" href=\"https:\/\/www.fespamiddleeast.com\/exhibiting\/exhibit?gad_source=1&gad_campaignid=22872965013&gbraid=0AAAAAqD9IbbBANPyJR6PGGinsuyzX0EAy&gclid=Cj0KCQjw0NPGBhCDARIsAGAzpp0Ia6nltF9CwDoUIHmucbQKVt3Wq9f0ruPnI0jbDvsVx7LyJ7KSr18aAuKnEALw_wcB\" style=\"\" rel=\"noopener\">Fespa Middle East<\/a> kicked off Tuesday and concludes today at the Dubai Exhibition Center. <\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- We\u2019re in for a mostly cloudy day<\/strong>, with a chance of light rainfall in some areas, according to the <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/170v7sh-colder-unsettled-weather-forecast-across-uae-until\" style=\"\" rel=\"noopener\">National Center of Meteorology<\/a>. The mercury is set to peak at 27\u00b0C in Dubai and Abu Dhabi, with Dubai seeing an overnight low of 17\u00b0C, and Abu Dhabi seeing a low of 16\u00b0C. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Watch this space <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt1\"><\/a> <strong>RENEWABLES \u2014<\/strong> <strong>Amea Power is in talks with local and international institutions for a <\/strong><strong>capital increase in 2026<\/strong> that is set to double its capital, and which would help finance new projects, Chairman Hussain Al Nowais told CNBC (<a target=\"_blank\" href=\"https:\/\/www.cnbcarabia.com\/147618\/2026\/14\/01\/%D8%B1%D8%A6%D9%8A%D8%B3-%D9%85%D8%AC%D9%84%D8%B3-%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D8%B4%D8%B1%D9%83%D8%A9-AMEA-Power-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA%D9%8A%D8%A9-%D9%84%D9%80-CNBC-%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9:-%D9%86%D8%AA%D8%B7%D9%84%D8%B9-%D9%84%D9%85%D8%B6%D8%A7%D8%B9%D9%81%D8%A9-%D8%B1%D8%A3%D8%B3-%D9%85%D8%A7%D9%84-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A9-%D8%AE%D9%84%D8%A7%D9%84-2026-%D8%A8%D8%B4%D8%B1%D8%A7%D9%83%D8%A9-%D9%85%D8%A4%D8%B3%D8%B3%D8%A7%D8%AA-%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9-%D9%88%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%8A%D8%A9-%D9%88%D8%AE%D9%84%D9%8A%D8%AC%D9%8A%D8%A9\" style=\"\" rel=\"noopener\">watch, runtime: 3:21<\/a>). The move is a precursor to a potential IPO on the Abu Dhabi Securities Exchange within two years, where it aims to float a 50-60% stake.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where the money is going: <\/strong>The company is expanding its portfolio across Africa and Asia, with following projects underway or in the final preparation stages:<\/p>\n<ul>\n<li>Amea will connect roughly 1 GW to Egypt\u2019s grid by April or May, and finish construction on its wind and battery projects in Uzbekistan and South Africa before year\u2019s end;<\/li>\n<li>In Morocco, the company will start developing its 150 MW wind farm; <\/li>\n<li>It is also in final discussions to develop wind projects in Kenya and Ethiopia, as well as a solar project in Senegal, and is looking to expand into Kazakhstan and Azerbaijan.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>ENERGY \u2014 Masdar eyes Balkan power play: <\/strong>Abu Dhabi renewables major Masdar and Montenegro\u2019s state utility EPCG are exploring a joint venture to develop large-scale renewables in Montenegro, including projects in solar, wind, hydropower, battery storage, and hybrid systems, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sustainability\/boards-policy-regulation\/montenegros-epcg-masdar-explore-joint-venture-renewables-2026-01-14\/\" style=\"\" rel=\"noopener\">Reuters<\/a> cites Montenegro\u2019s energy ministry as saying.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Background: <\/strong>The talks build on a UAE-Montenegro energy cooperation agreement signed <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/11\/10\/abu-dhabi-montenegro-to-boost-energy-cooperation-several-mous-signed-with-chinese-firms\/?repeat=w3tc\" style=\"\" rel=\"noopener\">in November<\/a> and Masdar\u2019s <a target=\"_blank\" href=\"https:\/\/masdar.ae\/en\/news\/newsroom\/masdar-acquires-stake-in-montenegros-first-wind-farm\" style=\"\" rel=\"noopener\">existing investment<\/a> in the 72 MW Krnovo wind farm \u2014 Montenegro\u2019s largest.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s in it for Masdar? <\/strong>The plan supports Masdar\u2019s wider expansion push as it scales toward a <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/21\/masdar-is-more-than-halfway-to-its-100-gw-renewables-target-as-it-pivots-from-green-hydrogen-for-the-time-being\/?repeat=w3tc\" style=\"\" rel=\"noopener\">100 GW renewable portfolio by 2030<\/a>. As we reported earlier this week, the firm just reached a global clean energy capacity of <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/14\/this-morning-uae-is-evaluating-impacts-of-a-potential-25-tariff-from-the-us-canada-trade-talks-are-set-to-begin-next-month\/\" style=\"\" rel=\"noopener\">65 GW<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>For Montenegro: <\/strong>The projects would help meet domestic demand and position Montenegro as a green power exporter to the Balkans and Southeast Europe, tapping its undersea electricity link to Italy. Officials say the partnership could boost energy security, create jobs, and accelerate the country\u2019s shift away from coal.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt3\"><\/a> <strong>MONETARY POLICY \u2014 <\/strong><strong>Kicking off the first M-bills auction of the year<\/strong><strong>:<\/strong> The Central Bank of the UAE will offer up to AED 13.4 bn in monetary bills at its 19 January auction, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2026\/1\/487.pdf\" style=\"\" rel=\"noopener\">auction notice (pdf)<\/a>. The sale includes a AED 2.75 bn 28-day new issuance, an AED 3 bn 70-day tap issuance, an AED 2.2 bn 126-day tap issuance, and a 294-day tap issuance worth AED 5.2 bn, with all bills set to settle on 21 January.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Decoding central bank speak:<\/strong> M-bills are short-term, zero-coupon securities issued in AED and sold via competitive tenders to licensed dealers. New issuances create fresh lines, while tap issuances reopen existing ones to manage liquidity without launching a new series.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Data point<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>USD 35.1 bn<\/strong> <strong>\u2014 that\u2019s the value of sustainable bond issuances in MENA in 2025<\/strong>, led by UAE and Saudi banks, according to a <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/company\/press\/mena-sustainable-finance-market-hits-35-1-billion-led-by-financials-and-energy-bloomberg-intelligence\/#:~:text=The%20UAE%20Banking%20Federation%27s%20AED,water%20and%20low%2Dcarbon%20infrastructure\" style=\"\" rel=\"noopener\">Bloomberg Intelligence<\/a> report. Saudi Arabia emerged as the region\u2019s largest issuer, accounting for some USD 19.7 bn in bonds, while banks like First Abu Dhabi Bank and Emirates NBD play a big role in underwriting and green-bond lending, as local banks work to meet the UAE Banking Federation\u2019s 2030 AED 1 tn sustainable finance target. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The sector was mostly led by financial institutions and energy-linked players<\/strong>, who now account for 50% of issuances, marking a shift from the more historically sovereign-led market. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\"> The big story abroad<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We\u2019re getting d\u00e9j\u00e0 vu with all of the new tariff announcements coming our w<\/strong><strong>ay from the US<\/strong> (plus: its move to <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/us-suspend-visa-processing-75-nations-next-week-fox-news-reports-2026-01-14\/\" style=\"\" rel=\"noopener\">halt immigration visas for 75 countries<\/a>, including a few from the region like Egypt and Sudan, in a sweeping crackdown on immigration). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The latest \u2014 following the threat of a <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/13\/this-morning-somalia-cancels-ports-defense-contracts-with-the-uae-emirates-nbd-tees-up-debut-aed-denominated-dnn-notes\/\" style=\"\" rel=\"noopener\">25% tariff on Iran\u2019s \u201cbusiness partners\u201d<\/a><\/strong><strong> earlier this week \u2014 is a 25% tariff on AI chips<\/strong> like Nvidia\u2019s H200 and a similar chip from AMD, which rely heavily on manufacturing in Taiwan Semiconductor Manufacturing Company (TSMC) before they are imported into the US and transshipped elsewhere. US President Donald Trump described it as getting a 25% cut on the sales of those chips to China, after the government reversed a policy prohibiting the export of chips to the country last year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^The must-read on the topic: <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/14dc1527-e2ba-49d1-b223-76ddcbd26699\" style=\"\" rel=\"noopener\">White House sets tariffs to take 25% cut of Nvidia and AMD sales in China<\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, US banks <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-01-14\/wall-street-profit-parade-at-risk-after-trump-s-populist-pivot?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">are reeling<\/a><\/strong><strong> from Trump\u2019s call for a 10% cap on credit card interest rates<\/strong>, with executives from Citigroup and JP Morgan saying it could be detrimental to the economy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PLUS- OpenAI is <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/2f7e17fb-5892-4a41-b612-8e384f3dc131\" style=\"\" rel=\"noopener\">continuing its diversification drive<\/a><\/strong>, as it agrees to source chips from AI startup Cerebras in a USD 10 bn multi-year agreement, following similar moves securing agreements with AMD and Broadcom earlier. <strong>Also:<\/strong> Luxury retailer Saks has now <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/retail-consumer\/saks-global-files-bankruptcy-after-neiman-marcus-takeover-leads-financial-2026-01-14\/\" style=\"\" rel=\"noopener\">filed for bankruptcy<\/a> after finalizing a USD 1.75 bn financing package to keep its stores open. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OVER IN IRAN- The US <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/iran-warns-retaliation-if-trump-strikes-us-withdraws-some-personnel-bases-2026-01-14\/\" style=\"\" rel=\"noopener\">has pulled some of its personnel<\/a><\/strong><strong> from its bases in the Middle East<\/strong> after Iran threatened to retaliate if the US strikes Iran. <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You\u2019re reading EnterpriseAM UAE<\/strong>, your essential daily roundup of business, economics, and must-read news about the UAE, delivered straight to your inbox. We\u2019re out Monday through Friday by 7am UAE time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM UAE is available without charge <\/strong>thanks to the generous support of our friends at Mashreq and Hassan Allam Properties.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy of EnterpriseAM UAE. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? <\/strong>Reach out to us on  <a target=\"_blank\" href=\"mailto:UAE@enterpriseAM.com\" style=\"\" rel=\"noopener\">UAE@enterpriseAM.com<\/a> .<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW that we also cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong>, and the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> industry?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p class=\"tag-border-left\"> Circle your calendar<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Our fellow photo nerds in the UAE will want to circle 29 January to 4 February on <\/strong><strong>their calendars.<\/strong> This year\u2019s Xposure, the global celebration of visual storytelling, features a who\u2019s who of talented photographers \u2014 <strong><a target=\"_blank\" href=\"https:\/\/xposure.net\/photographer\/romany-hafez\/\" style=\"\" rel=\"noopener\">including our friend Romany Hafez<\/a><\/strong>, whose haunting analog work explores memory, presence, and sacred spaces. Romany will be giving a talk on Saturday, 31 January headlined <a target=\"_blank\" href=\"https:\/\/workshops.xposure.net\/events\/between-memory-and-light\/\" style=\"\" rel=\"noopener\">Between Memory and Light<\/a>. Don\u2019t miss it if you love black and white photography as much as we do.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plus: CBUAE readies AED 13.4 M-bills auction<\/p>\n","protected":false},"author":1,"featured_media":111545,"comment_status":"closed","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":"small","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":[1543],"tags":[364,143,7,171,339,6],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-111505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-amea-power","tag-energy","tag-enterpriseam-uae","tag-masdar","tag-sustainability","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"9fb5077e-1544-4cd5-a41f-a18bd97f2901","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/10\/1171.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: Amea Power is in talks to double its capital this year + Masdar eyes JV with Montenegro\u2019s state utility EPCG","related_issue":[111504],"teaser":"Plus: CBUAE readies AED 13.4 M-bills auction","photo_link":"","related_sponsor":"","voice_url":"","en_translation_ref_id":"","section_story_id":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>THIS MORNING: Amea Power is in talks to double its capital this year + Masdar eyes JV with Montenegro\u2019s state utility EPCG - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS MORNING: Amea Power is in talks to double its capital this year + Masdar eyes JV with Montenegro\u2019s state utility EPCG\" \/>\n<meta property=\"og:description\" content=\"Plus: CBUAE readies AED 13.4 M-bills auction\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-15T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-15T07:48:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/internal\/111545.jpg?fit=%2C&ssl=1\" \/><meta property=\"og:image\" content=\"https:\/\/ent.news\/internal\/111545.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1\" \/>\n\t<meta property=\"og:image:height\" content=\"1\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS MORNING: Amea Power is in talks to double its capital this year + Masdar eyes JV with Montenegro\u2019s state utility EPCG\",\"datePublished\":\"2026-01-15T00:00:00+00:00\",\"dateModified\":\"2026-01-15T07:48:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/\"},\"wordCount\":1447,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/internal\/111545.jpg?fit=%2C&ssl=1\",\"keywords\":[\"AMEA Power\",\"energy\",\"EnterpriseAM UAE\",\"Masdar\",\"sustainability\",\"WHAT WE\u2019RE TRACKING TODAY\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TODAY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/\",\"name\":\"THIS MORNING: Amea Power is in talks to double its capital this year + Masdar eyes JV with Montenegro\u2019s state utility EPCG - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/internal\/111545.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2026-01-15T00:00:00+00:00\",\"dateModified\":\"2026-01-15T07:48:34+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/internal\/111545.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/internal\/111545.jpg?fit=%2C&ssl=1\",\"caption\":\"Solar photovoltaic panels and wind turbines. Energy concept\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"THIS MORNING: Amea Power is in talks to double its capital this year + Masdar eyes JV with Montenegro\u2019s state utility EPCG\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"THIS MORNING: Amea Power is in talks to double its capital this year + Masdar eyes JV with Montenegro\u2019s state utility EPCG - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/","og_locale":"en_US","og_type":"article","og_title":"THIS MORNING: Amea Power is in talks to double its capital this year + Masdar eyes JV with Montenegro\u2019s state utility EPCG","og_description":"Plus: CBUAE readies AED 13.4 M-bills auction","og_url":"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/","og_site_name":"UAE","article_published_time":"2026-01-15T00:00:00+00:00","article_modified_time":"2026-01-15T07:48:34+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/internal\/111545.jpg?fit=%2C&ssl=1","type":"","width":"","height":""},{"url":"https:\/\/ent.news\/internal\/111545.jpg","width":1,"height":1,"type":"image\/jpeg"}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS MORNING: Amea Power is in talks to double its capital this year + Masdar eyes JV with Montenegro\u2019s state utility EPCG","datePublished":"2026-01-15T00:00:00+00:00","dateModified":"2026-01-15T07:48:34+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/"},"wordCount":1447,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/internal\/111545.jpg?fit=%2C&ssl=1","keywords":["AMEA Power","energy","EnterpriseAM UAE","Masdar","sustainability","WHAT WE\u2019RE TRACKING TODAY"],"articleSection":["WHAT WE\u2019RE TRACKING TODAY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/","url":"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/","name":"THIS MORNING: Amea Power is in talks to double its capital this year + Masdar eyes JV with Montenegro\u2019s state utility EPCG - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/internal\/111545.jpg?fit=%2C&ssl=1","datePublished":"2026-01-15T00:00:00+00:00","dateModified":"2026-01-15T07:48:34+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/internal\/111545.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/internal\/111545.jpg?fit=%2C&ssl=1","caption":"Solar photovoltaic panels and wind turbines. Energy concept"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2026\/01\/15\/this-morning-amea-power-is-in-talks-to-double-its-capital-this-year-masdar-eyes-jv-with-montenegros-state-utility-epcg\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"THIS MORNING: Amea Power is in talks to double its capital this year + Masdar eyes JV with Montenegro\u2019s state utility EPCG"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/internal\/111545.jpg?ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/internal\/111545.jpg?ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/internal\/111545.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/111505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=111505"}],"version-history":[{"count":5,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/111505\/revisions"}],"predecessor-version":[{"id":111550,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/111505\/revisions\/111550"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/111504"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/111545"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=111505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=111505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=111505"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=111505"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=111505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}