Energy House
14%
Global Investment
13%
Zahra Group
13%
Blue Ridge
8%
IFC
8%
Equity Group
8%
Other
36%
Energy House
Energy House (previously named AREF Energy Holding
Company) is a subsidiary of Development Enterprise
Holding Company (which is a subsidiary of Kuwait Finance
House (a large Islamic bank), and has been a shareholder
since 2007
Energy House is listed on the Kuwait Stock Exchange and
spearheads DEH’s objectives in the energy business sector
Global
Investment
House
Global Investment House is an asset management and
investment banking company operating in 16 countries in
MENA.
Headquartered in Kuwait with mostly Kuwaiti clients
Blue Ridge
Blue Ridge Investment Company is a New York-based private
equity fund and has been a Kuwait Energy shareholder since
2008
Regular meetings and telephone calls held to provide an
update on operational performance
Equity Group
Investments
Equity Group Investments (EGI) is Chicago-based private
investment firm (owned by Sam Zell, US billionaire)
Major focus on real estate, energy, logistics, transportation,
media, and health care
Regular meetings in the US and the Middle East with Sam
Zell and his associates
IFC
IFC has been involved with Kuwait Energy since 2009,
initially through provision of a Murabaha loan facility
Good relations at all levels, Washington, London, Istanbul
and Dubai
Regular operational updates held with a detailed review of
assets
Supportive Shareholders
Key Shareholders
Shareholder Structure
47