A unique approach to investment
Tanqia's shareholders are Elwan, Mubadala Development Company and Overseas Trading Company - a unique partnership of the public and private spheres.
Elwan is a privately held development company with long-standing international experience in infrastructure and real estate and an unwavering commitment to social responsibility and environmental sustainability. Elwan developed the wastewater treatment system and will operate it through Siyana, a joint venture with environmental engineering firm Passavant-Roediger.
Elwan is a privately held, boutique infrastructure and real estate development company with assets and projects in the United States, the Middle East and Europe.
Originally founded in 1922 in Cairo by Ibrahim M. Elwan, the firm was re-launched in 1995 by Ibrahim I. Elwan. With significant hands-on implementation experience and deep technical expertise in structuring and mobilizing financing, the firm focuses on projects with lasting growth potential.
Elwan's real estate development activities in the United States are conducted by its affiliate, ICG Properties, which has a diverse portfolio of stabilized assets and a development pipeline of over 500,000 square feet, primarily in Washington, DC. For more information on Elwan, visit www.elwan.com.
Elwan developed Tanqia. In addition, Elwan created Siyana, a joint venture with German engineering firm Passavant-Roediger, which will operate and maintain wastewater treatment system over the 33-year term of Tanqia's concession period.
A proven leader in local and international business ventures, Mubadala Development Company is the private sector investment arm of the Abu Dhabi Government.
Mubadala aims to develop Abu Dhabi's fast-growing economy while attaining strong long-term returns. The company aspires to become a benchmark for business excellence in the region.
Mubadala has a diverse investment portfolio in strategic sectors, including energy, heavy industry, telecommunications, infrastructure, and aerospace, both in the UAE and abroad. One such investment is Mubadala's majority shareholding in Dolphin Energy Limited, the largest natural gas project in the region.
Tanqia is Mubadala's first investment in the wastewater sector.
Overseas Trading Company is an investment company based in Fujairah.