Energy Holding
12%
Global Investment
12%
Zahra Group
12%
KEC Kuwait
9%
Blue Ridge
8%
IFC
7%
Equity Group
7%
Other
33%
(1) Shareholder structure as of November 2014. (2) Debt Facility has been repaid. (3) Abraaj & QFB loans are convertible which will carry extra cost at time of conversion.
2005:
$3.4m
by Founders
2007:
$169.4m
by Equity Group, Global Investment, Energy
Holding, existing shareholders
2008:
$310.4m
by Blue Ridge, Van Eck Global, Valiant Partners,
existing shareholders
2009:
$23.6m
by Millennium Private Equity
2010:
$33.4m
by existing shareholders
2011:
$73.6m
by existing shareholders, IFC, QFB
Backed by Supportive Stakeholders: Over
$1bn Capital Raised (2005–2014)
27
Bond
71.4%
Abraaj
14.3%
QFB
14.3%
2007:
$50m
by BNP Paribas
(2)
2009:
$50m
by IFC
(2)
2010:
$8m
by EBRD
(2)
2012:
$150m
by Abraaj Capital
(3)
,
$150m
by QFB
(3)
,
$165m
RBL
(2)
2013:
$25m
by Kuwait International Bank
(2)
,
$15m
by QFB
(2)
$60m
by Arab Bank
(2)
2014:
$250m
by Bonds listed on Irish Stock Exchange
$350m
Equity Issued
Debt Issued
Shareholder Structure
(1)
Debt Composition (November 2014)
