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19 April 2018

GROUPE ADP ACQUIRES THE EXCLUSIVE CONTROL OF AIRPORT INTERNATIONAL
GROUP, CONCESSIONARY OF QUEEN ALIA INTERNATIONAL AIRPORT IN AMMAN, JORDAN.

Groupe ADP, through its 100%-subsidiary ADP International, has finalized the transaction for the ownership of 51% of the capital, and the exclusive control of Airport International Group (« AIG »),concessionary of Queen Alia International Airport (QAIA) in Amman, Jordan. The new co-shareholders with which Groupe ADP invests are the infrastructures investment funds Meridiam and IDB Infrastructure Fund II. Edgo, already present, remains co-shareholder. Groupe ADP’s investment stands at $265 million.

With this operation, Groupe ADP, already shareholder of AIG with a 9.5%-stake will fully consolidate the financial accounts of the concessionary firm.

Operator of QAIA since the beginning of the concession (25 years) in 2007, Groupe ADP has contributed to the performance and growth of the airport over the last ten years. Since 2007, traffic has been growing in average by 6.5% per year and a new terminal was built in 2013, then extended in
autumn 2016, raising the airport capacity to 12 million passengers.

With the takeover of AIG, Groupe ADP will be able to spread its know-how, its expertise and its services offer. The objectives are to reinforce the air network departing from Amman, improve the quality of service offered to passengers and the performance of aviation and retail activities, and, at last, ensure a sustainable and socially responsible development during the remaining duration of the concession (until 2032).

A reference airport in the Middle East

Queen Alia International Airport handles 98% of Jordanian traffic. It is the base and hub of Royal Jordanian Airlines and the gateway for the main touristic spots of the country, especially Petra, the Dead Sea and Wadi Rum desert.
It welcomed 7.9 million passengers in 2017, an increase of 6.8% compared to 2016 and 1.8 million passengers between January and March 2018, an increase of 8.5% compared to the same period in 2018. For 2017 financial year, AIG’s EBITDA reached €66.3 million.
This airport was ranked by the Airport Council International (ACI) second best airport of its category (more than 2 million passengers) in the Middle East, on the basis of the survey Airport Service Quality (ASQ/ACI) 2017, the most important worldwide reference programme regarding airport passengers satisfaction. Finally, it is the first airport in the Middle East to reach the level 3+ of the ACI Carbon accreditation, that is to say, the carbon neutrality.

An accelerating international strategy and broadened competences

Groupe ADP continues the roll out of its international strategy accordingly to its ambition to become a global leader in the design and operation of airports.

After the reinforcement of its teams and the gathering of all its international activities under the new ADP International during summer 2017, the group wishes to spread the whole range of its expertise and innovations through its airports network.

This new organisation allows to maximize synergies between businesses and subsidiaries, to ensure a closer relation with clients and better prospecting ability, relying on a local network of regional offices in Hong Kong (to cover the Asia Pacific area) and New-York (for Americas), to complete the group’s
offices in Istanbul (for Eastern Africa and the Middle East) and Paris (in charge of Europe and Western Africa).

As a reminder, Groupe ADP’s international expertise is based on 3 skills areas:
Airports operations for airports owned through concession or under management contract. It includes daily operation management but also operation process optimization, commissioning
of new infrastructures, development of aviation and non-aviation (retail, real estate) revenues, etc.
Groupe ADP manages, directly or through TAV Airports, a network of 26 airports in the world, from Mauritius Island, Zagreb, Santiago de Chile, Conakry in Guinea, to Hajj terminal in Jeddah, Saudi Arabia.

Engineering and innovation through auditing and consulting missions, architectural and technical design missions or contracting authority support, led by ADP Ingénierie. This subsidiary, with 750 references in more than 100 countries, has a large range of competences and is involved in every stage of airport infrastructure project.

Project financing and investment, leading to take stakes (alone or in consortium) in the capital of concessionary firms or foreign airports.
Thus, the group owns 46.12 % of the Turkish airport group TAV Airports, 45% of Nuevo Pudahel, that operates Santiago de Chile airport or 20.8% of MZLZ, concessionary of Zagreb airport in Croatia.

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22 December 2017

A CONSORTIUM FORMED BY GROUPE ADP, MERIDIAM AND ASMA SIGNED A CONTRACT TO TAKE EXCLUSIVE CONTROL ON AIG, CONCESSIONAIRE OF AMMAN AIRPORT, JORDAN

ASMA Capital Partners B.S.C. (c), acting in its capacity as investment manager for IDB Infrastructure Fund II, together with Groupe ADP and Meridiam signed on 22nd December, 2017 a contract to take over the shares of Airport International Group (“AIG”), concessionaire of Queen Alia International Airport in Amman, Jordan.

The completion of the transaction is subject suspensive conditions including the Government of Jordan and AIG’s Lenders’ consents.

Queen Alia airport welcomed 7.4 million passengers in 2016 and was named the best airport of its size (5-15 million passengers) in the Middle East by the Airport Council International (ACI) based on the results of the 2016 Airport Service Quality (ASQ) Survey, the world’s leading airport passenger satisfaction benchmark program.


24 April 2017

DISTINCTION AWARD AS GLOBAL DESALINATION COMPANY OF THE YEAR 2017

Utico has received the Distinction award as Global Desalination Company of the Year 2017. This award is for companies, who made the biggest mark Worldwide in the Desalination sector through innovation and contribution for 2016-2017.The nominees for this award were selected by an international independent Jury of Eminent peers from all over the world.

Utico is the First company from the Middle East to win it and among the select Desalination companies in the world with innovative development and engineering skills.

Utico is also till date the ONLY company ever to be completely privately held and full service( including T&D) to win it….in the world !

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02 April 2017

PAKISTAN HAWA WIND PROJECT

The Hawa Wind Project is the third 49.7MW wind farm acquisition in Jhimpir, Sindh in Pakistan after DAELIM Energy’s (DE) previous two 50MW Wind Project acquisitions in the same area on 2015.

The project’s EPA execution, the 20 years BOO (Build, Own, and Operate) with the Pakistani government affiliated power purchasing agency CPPA, was done on July 2016, while the financial close with OPIC (75% of total investment) was completed on August 2016.

Hawa Wind Project will begin groundbreaking on 4Q 2016 targeting for its planned commercial operation on 1Q 2018. Major Shareholders are Hawa Investments Ltd, JS Group, and EMA Power Investment of which EMA Power Investment*, co-founded in Dubai by DAELIM Energy & IDB Infrastructure Fund II, holds 35% of Hawa Wind project’s equity (of which 17.15% owned by DE and 17.85% owned by ASMA).

Total investment cost for the project is US$ 127 million of which approximately US$ 11 million was invested by DAELIM Energy’s JV Company, EMA Power Investment and approximately US$ 96 million was financed by OPIC (Overseas Private Investment Corporation).

Beginning its first commercial operation on 1Q 2018 (planned), Hawa Wind Project aims to alleviate energy shortage problems in Pakistan.

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17 February 2016

SEVEN ENERGY SECURES US$100 MILLION OF ADDITIONAL EQUITY CAPITAL

London, Lagos, 17 February 2016: Seven Energy International Limited (“Seven Energy” or the “Group”), the leading integrated gas company in south east Nigeria, with oil and gas interests in the region, is pleased to announce that it has secured US$100 million of new equity capital.

This is comprised of US$50 million from existing shareholders of the Group, including Temasek, Petrofac, Capital International Private Equity, Standard Chartered, International Finance Corporation and IFC African, Latin American and Caribbean Fund, by way of an open offer and US$50 million invested by the IDB Infrastructure Fund II, sponsored by the Islamic Development Bank and other institutional investors. The IDB Infrastructure Fund II, with a target fund size of US$2 billion, invests in infrastructure opportunities across Asia, the Middle East and Africa. The fund is managed by ASMA Capital Partners B.S.C. (c) (“ASMA”). Stephen Vineburg, the Chief Executive Officer of ASMA, will join the Board of Directors of Seven Energy.

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10 December, 2015

DAELIM GROUP’S OVERSEAS IPP PROJECTS GAIN FRESH MOMENTUM

Daelim Energy to Establish JV with IDB Infrastructure Fund II
Daelim Group is gearing up to make new investments as part of its efforts to build new growth engines through overseas electricity generation and energy development projects. Daelim Energy, the IPP (Independent Power Plant) and energy developer arm of Daelim Group, announced its plans on Thursday (December 10th) to establish Daelim EMA, a joint corporation with IDB Infrastructure Fund II, in Dubai. Through Daelim EMA, Daelim Group plans to expand its IPP business in the Middle East, Africa, CIS and Southwest Asia.

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