From Infrastructure Developer to Power Producer and Technology Incubator
Our initial focus, beginning a decade ago, was in utility-scale photovoltaic solar energy infrastructure development, acquiring FRV in 2015, and investing in proven experience and expertise for expansion and growth in both capabilities and geographies.
FRV has accelerated its’ rapid growth strategy moving from solar PV utility-scale infrastructure developer, towards becoming a 100% renewable energy IPP (Independent Power Producer) in alignment with our core ambition of being a leading player in the world’s transition to a sustainable energy future.
As this acceleration continues, we are today, rapidly developing new capabilities, exploring new emergent technologies and business models, through our specialist FRV-X team, with the goal to transform FRV into a future-oriented comprehensive and cohesive global ‘green energy platform’.
This strategic ambition will be rapidly realized through revenue generation from our own businesses; rotation of existing assets under operation through minority stake sales and pipeline sales; shareholders contributions and the divestiture of assets – reinvesting those funds to accelerate the growth of our ambitious vision and the concrete and timely execution of our plans.
Over the next four-to-six years, FRV expects investment in fixed assets that is set to double the total installed capacity under management by 2024, and we remain committed to accelerate the democratization of renewable energy – increasing accessibility for all.
Learn more about FRV.
290,000MWh
annual power output of FRV solar projects in Jordan
"Our global track record, backed by Abdul Latif Jameel’s strength and presence, significantly increases our ability to lead in diversifying national energy production in strategic markets".
Rafael Benjumea
Co-Founder, FRV
