رئيس مجلس إدارة إيميا باور حسين النويس لـ CNBC عربية: معدلات الفائدة المرتفعة أثرت على الاستثمارات في مجال الطاقة النظيفة

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Watch رئيس مجلس إدارة إيميا باور حسين النويس لـ CNBC عربية: معدلات الفائدة المرتفعة أثرت على الاستثمارات في مجال الطاقة النظيفة - CNBCArabia on Dailymotion

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00:00 "Emea Power is one of the companies that invest in clean and renewable energy.

00:06 As I heard today in Davos, there are many talks about the importance of investment in

00:10 this field, climate change and decarbonization.

00:14 There is no doubt that high interest rates have affected the returns or the economic

00:19 returns of investment in this field.

00:21 But the indicators are good that there is hope that this interest rate will fall because

00:28 the demand for carbon dioxide has increased.

00:33 This encourages more investments in this field.

00:37 There are also international funding institutions that provide easy financing features for clean

00:45 energy projects, in line with the importance of investment in this field, the importance

00:50 of converting to clean energy, which is called energy transition.

00:55 Emea Power is present today in 20 countries in the Middle East and Africa.

01:01 Our largest investments today in Egypt are about a billion dollars.

01:05 We also have investments in Tunisia, Morocco, South Africa, the Aegean Sea, Togo, Jordan,

01:11 Ethiopia, Kenya, all in the field of clean and renewable energy.

01:16 Your presence in Davos, was it an opportunity to hold meetings, agreements, and reach better

01:26 results?

01:27 Yes, without a doubt.

01:29 I met with some international companies, some international funding institutions, and

01:33 some international investment banks.

01:36 Investment banks in particular have expressed their desire to invest with us in this field,

01:42 and I believe in their importance in converting to clean energy, energy transition.

01:50 There are successful research in this field, and we can announce some news in the near

01:54 future, God willing.

01:56 What about Iraq?

01:57 Did you know that there is news about Iraq in particular?

02:00 I was honored to meet the Prime Minister of Iraq, who also confirmed to me that Iraq

02:06 is a strong partner in this strategy, in investing in clean and renewable energy, and welcomed

02:13 us as an Emirati company, given the special relations between the Emirates and Iraq.

02:18 There are researches for investment in wind energy and solar energy in Iraq.

02:23 What about the size of the company's business in 2023?

02:27 What are your expectations for 2024?

02:29 As I told you, the company is located in 20 countries.

02:33 Our investments amount to several billion dollars, in cooperation with international

02:38 funding institutions, and we have reached international investment.

02:42 I have optimism for 2024, and God willing, it will be a good year for our company.

02:48 Today, we have reached approximately 7,000 megawatts between projects under construction,

02:54 projects under operation, or projects in the pipeline in these different countries.

03:00 We have recently entered a new market, which is Central Asia.

03:05 We have agreements in Uzbekistan and Azerbaijan, and we have researches in Kazakhstan.

03:14 It is a new market for us, but also a promising market.

03:18 In 2024, I call it the delivery phase, or the phase in which we have many projects in

03:24 the pipeline that need to be implemented and built in this year, and funded in 2024.

03:31 We also have a direction in the near future, God willing, to expand our capital through

03:39 investment in financial markets, God willing.

03:43 This was my question.

03:44 Are there any details about the investment process?

03:47 We are still in the beginning of the studies for this direction, and God willing, we will

03:54 have it at the right time.

03:55 In the UAE?

03:56 God willing.

03:57 Mr. Hossein Nwais, thank you very much.

03:59 Thank you.

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