SES Power

completed

IFC is considering and equity investment and a loan to Sakr Energy Solution FZCO (“SES” or the “Company”), a multiregional power rentals and emergency power solutions provider. SES is a regional provider of power generation solutions to serve temporary and short to medium term energy needs across the MENA region and in Africa, headquartered in Jebel Ali free zone in Dubai. The Company is capable of serving both small short-term clients with power generation needs starting at 50 kVA and large long-term utilities, governments and companies with power requirements of up to 60 MW. This Company is a provider of power generation solutions to serve temporary and medium-term energy needs across the MENA region and Africa. By investing in the Company, IFC would be supporting the expansion of a business which addresses the power supply-demand imbalance in these difficult emerging countries and give them the time to implement efficient permanent solutions. This Project fits well with IFC’s strategic priorities in the MENA region by catalyzing South-South investments and promoting investments in the frontier countries and sectors and improving infrastructure services.