# The Arab Energy Fund

> The Arab Energy Fund is a VC fund backing Energy and Renewable Energy. See 12 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Al Khubar, Saudi Arabia
- Total investments: 12
- Last investment: May 2026
- Lead investor: 50%
- Last updated: Aug 2026
- Website: https://www.apicorp.org/

The Arab Energy Fund is a VC fund in Al Khubar focused on Energy and Renewable Energy. The Arab Petroleum Investments Corporation (APICORP) is a multilateral development bank established to foster the development of the Arab world’s oil and gas industries.

## Contacts

5 contacts available for The Arab Energy Fund. Shizune tracks 1 team members at The Arab Energy Fund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/arab-petroleum-investments-corporation?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $26M–$65M |
| Post-IPO Debt | $120M–$3.4B |
| Debt Financing | $125M–$1.2B |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 5 | 42% |
| Renewable Energy | 3 | 25% |
| Solar | 2 | 17% |
| Oil and Gas | 2 | 17% |
| Fuel | 1 | 8% |

16 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 3 | 25% |
| Series A | 2 | 17% |
| Post-IPO Debt | 2 | 17% |
| Venture - Series Unknown | 2 | 17% |
| Private Equity | 1 | 8% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Saudi Arabia | 2 | 17% |
| United Arab Emirates | 2 | 17% |
| Egypt | 1 | 8% |
| Norway | 1 | 8% |
| Bahrain | 1 | 8% |

6 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Maheur Mourali | Chief Investment Officer | 1 | https://shizune.co/investors/profile/maheur-mourali |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| MidOcean Energy | MidOcean Energy is a provider of investment services designed to create a portfolio of long-term LNG interests. The business provides services to create a portfolio of varied LNG that is carbon competitive. | $120M | Private Equity | May 20, 2026 |  |
| APSCO | APSCO provides activities that include the marketing of lubricants, petroleum products, and aviation fuels. They provide services that include aviation fuel handling, mission, maintenance and quality control, engineering and projects, fuel transportation, technical and marketing services, and training. |  | Venture - Series Unknown | Jan 14, 2026 |  |
| Tagaddod | Tagaddod is a renewable Energy and Waste Management Egyptian company, started in February 2013 and operating in Cairo –Egypt. Currently focusing on clean fuels, Tagaddod is working on Biodiesel production from Vegetable Oils. Biodiesel is a fuel alternative that is produced from waste vegetable oils and used in conventional diesel engines, whichcan directly substitute for or extend supplies of traditional petroleum diesel. | $26.3M | Series A | Sep 29, 2025 |  |
| ACWA Power | ACWA Power is a developer, investor, co-owner and operator of a portfolio of power generation, renewable energy and desalinated water production plants. | $3.4B | Post-IPO Debt | Jul 31, 2025 |  |
| Scatec ASA | Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable source of clean energy worldwide. A long term player, Scatec Solar develops, builds, owns, operates and maintains solar power plants, and already has an installation track record of close to 600 MW. | $120M | Post-IPO Debt | May 05, 2025 |  |
| ACWA Power | ACWA Power is a developer, investor, co-owner and operator of a portfolio of power generation, renewable energy and desalinated water production plants. | $692.2M | Post-IPO Debt | Dec 31, 2024 |  |
| Al Dur Power & Water Company | Al Dur Power & Water firm is a well-known power generation and water desalination firm. | $1.2B | Debt Financing | May 26, 2024 |  |
| ACWA Power | ACWA Power is a developer, investor, co-owner and operator of a portfolio of power generation, renewable energy and desalinated water production plants. | $123M | Post-IPO Debt | Apr 25, 2023 |  |
| Yellow Door Energy | A performance-based long-term contract which does not expose you to any technical or performance risk on your solar plant.Yellow Door Energy manages all stages of the solar plant and you pay a monthly solar bill once the solar plant starts producing electricity | $400M | Venture - Series Unknown | Oct 12, 2022 |  |
| ACWA Power | ACWA Power is a developer, investor, co-owner and operator of a portfolio of power generation, renewable energy and desalinated water production plants. | $125M | Debt Financing | Jan 05, 2021 |  |

10 of 12 investments shown.

## Co-investors
- [European Bank for Reconstruction and Development](https://shizune.co/investors/profile/european-bank-for-reconstruction-and-development-ebrd) — VC Fund, 3 deals together
- [African Development Bank](https://shizune.co/investors/profile/african-development-bank) — VC Fund, 2 deals together
- [Arab Bank](https://shizune.co/investors/profile/arab-bank) — VC Fund, 2 deals together
- [Banque Saudi Fransi](https://shizune.co/investors/profile/banque-saudi-fransi) — VC Fund, 2 deals together
- [International Finance Corporation](https://shizune.co/investors/profile/international-finance-corporation) — VC Fund, 2 deals together
- [Mitsui & Co.](https://shizune.co/investors/profile/mitsui-usa) — VC Fund, 2 deals together

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## FAQ

### What does The Arab Energy Fund invest in?

The Arab Energy Fund invests primarily in Energy, Renewable Energy and Solar startups, most often at Debt Financing and Series A stage. Most of the 12 investments tracked by Shizune back companies in Saudi Arabia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is The Arab Energy Fund's check size?

The Arab Energy Fund typically joins rounds of $26M–$65M at Series A, $120M–$3.4B at Post-IPO Debt and $125M–$1.2B at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds The Arab Energy Fund participates in.

### How do I contact The Arab Energy Fund?

Public channels for The Arab Energy Fund include the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at The Arab Energy Fund?

The team at The Arab Energy Fund includes Maheur Mourali (Chief Investment Officer). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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