Nebras Power has celebrated its fifth year of incorporation in a ceremony held recently, it was announced in a statement.
As a part of the celebration, HE the Minister of State for Energy Affairs and the managing director and CEO of Qatar Petroleum Saad bin Sherida al-Kaabi held a meeting with Nebras Power chairman Fahad bin Hamad al-Mohannadi in the presence of Nebras Power CEO Khaled Mohamed Jolo and the Nebras executive team.
During the meeting, al-Kaabi praised the company’s success in investing in power generation projects in international markets.
Al-Kaabi assured his support for Nebras Power, which stems from the importance of supporting Qatari companies in helping them to achieve the highest levels of success and to increase their competitiveness in their industries.
The minister also urged the executive management to continue to set benchmarks and to achieve the mission envisioned by its stakeholders and partners.
Al-Mohannadi said he was pleased with Nebras Power's achievements in its short history during which it attained the objectives set by the board of directors and the goals of its founders.
Jolo also lauded the milestones of the company over the course of five years at various levels, including the financial level, where the company achieved a steady increase in profits and assets.
Additionally, he highlighted the expansion of its investment portfolio, which has climbed to 14 assets in seven countries. Nebras Power has also witnessed significant accomplishments in its strategic partnerships with international developers and financial institutions that are operating in the power generation and water desalination sectors.