Summary:
UAE investment firms Hodler Investments and Gewan Holding announce a $500 million Digital Energy Infrastructure Fund.
The fund aims to invest in power generation, data mining, blockchain, AI, and more.
Soft commitments from lead investors have already been secured.
The fund focuses on utility-like income-generating assets and distributed energy infrastructure.
Key leaders emphasize the fund's role in enhancing energy security and digital economy growth.
UAE-based investment firms, Hodler Investments and Gewan Holding, are set to launch a monumental $500 million Digital Energy Infrastructure (DEI) Fund aimed at bolstering energy infrastructure projects that drive the digital economy forward.
Fund Focus and Investments
The DEI Fund will channel investments into a variety of sectors including:
- Power generation
- Data mining
- Blockchain technologies
- Decentralized physical infrastructure (Depin)
- Artificial Intelligence (AI)
Additionally, the fund will support startups and software development in these crucial areas, facilitating growth and innovation.
Soft Commitments Secured
The fund has already garnered soft commitments from lead investors, along with in-kind contributions and partnerships focusing on energy and connectivity essential for AI and digital asset mining operations. This closed-ended exempt fund will allow clients to invest in utility-like income-generating assets and distributed energy infrastructure.
Strategic Vision
Mohamed El Masri, Managing Director at Hodler Investments, emphasized the fund's commitment to developing critical energy infrastructure that supports the global digital economy. He stated:
“The Digital Energy Infrastructure Fund is a testament to our commitment... to contribute to energy security and reduce energy poverty.”
The DEI Fund will also concentrate on compute cluster applications and invest in vertical tech startups, operating platforms, and software that enhance its portfolio. The focus will extend to early-to-growth-stage software tech firms and applications that support the evolution of fintechs, decentralized finance, and Web3.
Alaa Al Ali, CEO of Gewan Holding, expressed that joining the DEI Fund reflects a belief in the necessity of a sustainable energy infrastructure for the growth of digital economies worldwide.
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