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Masdar and Iberdrola expand offshore wind portfolio in Europe. (Image source: Masdar)

Energy

Masdar and Iberdrola have achieved two major milestones as part of their US$16.35bn strategic clean energy alliance: a US$5.67bn co-investment in the UK’s East Anglia THREE offshore wind farm and the full energisation of their 476MW Baltic Eagle project in Germany.

The East Anglia THREE project marks one of the largest offshore wind transactions of the decade, with Masdar and Iberdrola each holding a 50% stake and shared governance. Located off the Suffolk coast, the 1.4GW wind farm is expected to begin operations in Q4 2026, providing clean electricity to 1.3 million homes.

A US$5.25bn project finance facility has been secured from 24 international banks, oversubscribed by 40%, highlighting strong investor confidence. The project benefits from a 15-year Contract for Difference (CfD) and a Power Purchase Agreement with Amazon signed in 2024.

In Germany, the Baltic Eagle offshore wind farm has now been fully energised. As the first completed project under the Masdar–Iberdrola partnership, it will supply around 475,000 households with clean energy and eliminate approximately 800,000 tonnes of CO₂ emissions annually. Located in the Baltic Sea, the 476MW wind farm is part of Iberdrola’s Baltic Hub, which also includes Wikinger and the planned Windanker project.

These developments strengthen the partnership’s goal to triple global renewable energy capacity by 2030, while supporting Europe’s offshore wind targets and advancing energy transition goals across the UK, Germany and beyond.

Signalling an Emirati-European partnership

HE Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar, said, "Masdar and Iberdrola are continuing to forge one of the largest and most powerful strategic clean energy partnerships to accelerate capacity growth in Europe and worldwide. Offshore wind will play a crucial role in the global energy transformation, and landmark developments like Baltic Eagle and East Anglia THREE are significant advances towards clean energy targets in major European nations. With demand surging due to exponential AI growth and the rise of emerging markets, projects such as these have never been more critical."

Ignacio Galán, Iberdrola’s executive chairman, said, "Today is an important landmark in our global partnership with Masdar. Partnerships such as this one are vital in accelerating energy security and competitiveness and working towards delivering ambitious climate targets. With Masdar, we have a partner who shares our vision and commitment.

Joining forces with Masdar in the East Anglia THREE offshore windfarm will allow Iberdrola to accelerate our strategic focus on the UK, where we are investing £24bn to 2028 in transmission and distribution networks and in renewable energy, contributing to the delivery of the UK Government’s ambitious electrification plans. The completion of Baltic Eagle represents a new milestone in our partnership, reinforcing Iberdrola’s commitment to electrification and strengthening our presence in the Baltic Sea."

Mohamed Jameel Al Ramahi, chief executive officer of Masdar, said, "This landmark partnership underscores our commitment to driving Europe’s energy transformation and advancing global climate goals. Our strategic co-investments with Iberdrola in East Anglia THREE and Baltic Eagle demonstrate how ambitious cross-border partnerships can deliver transformative impact at scale. Together, we are setting a new benchmark for offshore wind collaboration, and we are looking forward to deepening this partnership as Europe accelerates its renewable energy targets."

Also read: Aed Energy secures investment to scale thermal storage in MENA

The Construction Authority for Potable Water and Wastewater in Egypt.

Water

ACCIONA, along with local firm DHCU, obtained an €35mn (US$38.15mn) contract from Egypt’s Construction Authority for Potable Water and Wastewater (CAPW) so it can operate and maintain Phase II of Cairo's Gabal El Asfar wastewater treatment complex.

The eight-year agreement rehabilitates also upgrades two major plants within the facility so that they can each treat 500,000 m³ per day.

Gabal El Asfar is known to be the largest wastewater treatment complex located in Africa as well as the Middle East. This ranks it third globally, with a total capacity of 2.5 m³ per day.

Home to more than eight million residents, it serves the vital eastern part of Cairo.

ACCIONA’s already established footprint is further reinforced by this latest contract within Egypt’s water sector.

The company led the design, construction, and commissioning in a previous expansion phase at Gabal El Asfar in 2013, adding another 500,000 m³ to its daily capacity.

ACCIONA and DHCU were entrusted not too long ago in 2022 for Phase I's operation and improvement that handles 1.5 m³ of wastewater for each day.

Other developments

Beyond Gabal El Asfar, ACCIONA has partnered together with CAPW on additional projects, and this includes the water infrastructure operations for New Cairo.

The initiative collects water from the Nile River and then transports the water. It then purifies the water and distributes to consumers in the satellite city 30 kilometers east of the capital.

The company constructed five other major drinking water treatment plants throughout Egypt.

The Almerya, Rod el Farag, Mostorod, North Helwan I, and North Helwan II plants serve collectively over six million people because they have a combined capacity that exceeds 600,000m³ per day.

Within ACCIONA’s portfolio is the Bahr Al Baqr wastewater treatment plant. It is actually another key project that is located in northwestern Egypt.

It has 5.6 m³ capacity as one of the world’s largest, designed for high-quality water production for agricultural irrigation.

Additionally, ACCIONA operates several other wastewater facilities in Egypt as these facilities include those located in Abnoub-El Fath, Sodfa-El Ghanayem, El Ayat, and Abu Simbel.

Sustainable infrastructure and renewable solutions are led by ACCIONA globally.

They have been keeping to carbon neutrality since back in 2016.

Operations are maintained in more than 40 countries, also the company reported €19.19bn (US$21bn) in sales for 2024.

Also check out:

MENA platform aims to enhance clean water accessibility

Water diplomacy: how UAE supports island nations' water security

Saudi Arabia's NWC takes on multiple wastewater projects

Andy Boutle, head of digital construction at ALEC. (Image source: ALEC)

Construction

ALEC, one of the Middle East’s leading construction companies, has once again achieved the BIM Kitemark recertification from BSI.

This marks the third consecutive year it has met the global benchmark for excellence in Building Information Modelling (BIM) and information management under the ISO 19650 series of standards.

The achievement reinforces ALEC’s position at the forefront of digital transformation in construction, aligning with findings from the McKinsey Global Institute, which show that technology and innovation can enhance construction sector productivity by up to 60%.

Recognised globally as one of the most rigorous certifications for information management, the BIM Kitemark requires companies to pass a detailed audit.

ALEC was assessed on its ability to meet client information requirements, maintain accuracy and consistency, enable effective supply chain collaboration, and comply with the ISO 19650 framework.

This recertification not only validates ALEC’s ability to lead digital delivery but also reflects its role in raising industry standards.

VR and other tools

Throughout the past year, ALEC has advanced its Innovation Strategy, supported by focused Digital and IT strategies. Technology and automation remain central to its approach, with initiatives such as a new ERP system to streamline internal processes, expanded use of HoloBuilder, and the introduction of ‘Resolve’, a VR tool integrated with Revizto’s issue tracker.

In parallel, ALEC continues to scale the use of Morta, a data structuring and standardisation platform that allows the company to digitalise ISO 19650 documentation and improve project oversight across design change, procurement, and risk management.

Through this sustained focus on digital innovation, ALEC is not only enhancing its operational performance but also shaping the future of construction in the region.

Barry Lewis, CEO at ALEC, said, “Innovation is part of our DNA, and securing this BIM recertification for a third consecutive year highlights how deeply embedded our digital-first mindset has become. We see enormous growth potential in the region, particularly in the UAE and Saudi Arabia, and our ongoing investments in innovation and digital excellence enable us to remain agile, deliver the highest quality projects, and capitalise on these opportunities.”

Andy Boutle, head of digital construction at ALEC, said, “We see this recertification as another step on a much broader journey. The regional industry has made great strides in BIM adoption, but there’s still a gap to bridge to reach the next level of utilisation and maturity in line with international standards. At ALEC, we’re committed to helping close that gap, not just within our own projects but also by leading by example and encouraging our partners and clients to embrace a digital-first mindset. In the months ahead, we’ll continue to focus on building seamless interconnectivity between our digital solutions, creating a more data-driven, efficient, and sustainable way of delivering projects.”

Also read: Is the GCC leading in sustainable construction?

he transaction was completed under a binding share purchase and subscription agreement.

Mining

Alcoa Corporation has finalised the sale of its 25.1% stake in the Ma’aden joint venture to Saudi Arabian Mining Company (Ma’aden), marking a strategic exit from the integrated mining complex the two companies launched in 2009.

The transaction was completed under a binding share purchase and subscription agreement.

In exchange, Alcoa received around 86 million Ma’aden shares, valued at approximately US$1.2bn, alongside US$150mn in cash, which will primarily be used to cover taxes and transaction costs.

The company expects to report a gain of roughly US$780mn under other income for the third quarter of 2025.

In line with past asset sales, this gain will be recorded as a special item.

Saudi mining growth

Alcoa, which is based in Pittsburgh in Pennsylvania, is a global leader in bauxite, alumina, and aluminium products. It will now hold an estimated 2% of Ma’aden’s outstanding shares.

As stipulated in the agreement, these shares must be retained for a minimum of three years, with one-third eligible for sale after each of the third, fourth, and fifth anniversaries of the transaction’s closing.

However, under certain conditions, Alcoa is allowed to hedge or borrow against the shares during the holding period, and the lock-up may be reduced in specific scenarios.

The Ma’aden joint venture, established as a fully integrated aluminium production complex in Saudi Arabia, comprises the Ma’aden Bauxite and Alumina Company (MBAC) and the Ma’aden Aluminium Company (MAC).

Prior to the deal, Ma’aden held a 74.9% majority stake.

Citi served as Alcoa’s exclusive financial advisor for the transaction, while legal counsel was provided by White & Case LLP.

“While today marks the end of the Joint Venture, the closing of this transaction demonstrates the initial value to our shareholders and enables visibility within Alcoa’s financials until we monetize in the future,” said William F. Oplinger, Alcoa’s president and CEO.

“I thank Ma’aden’s leadership and the Kingdom of Saudi Arabia for their partnership over the last 16 years, and we look forward to continued engagement as Ma’aden shareholders.”

Also read: Power Metallic gets licensed to explore Saudi mineral belt



The facility opened on 19 June 2025. (Image source: Teledyne GFD)

Manufacturing

Teledyne Gas & Flame Detection (Teledyne GFD) has partnered with Industrial Detection Solutions (IDS) to establish a 699 m² manufacturing facility in Dammam, Saudi Arabia, marking a significant step towards localising production of advanced gas detection technologies in the Kingdom.

The facility, which opened on 19 June 2025, will produce high-precision sensors used in hazardous environments such as oil and gas drilling sites, LNG/CNG plants, and petrochemical facilities.

The initiative supports Saudi Arabia’s IKTVA programme, which encourages economic diversification and local supply chain development in the energy sector.

By bringing manufacturing closer to end users and suppliers, the partnership is expected to reduce lead times and enhance safety support across the region.

More features added

Key products to be produced at the new plant include Teledyne GFD’s DM-700 toxic gas sensor, and the FP-700 and IR-700 sensors for combustible gas detection.

These ‘smart’ sensors offer non-intrusive monitoring using electrochemical, catalytic bead, and infrared technologies, with robust designs that resist common causes of failure such as water ingress, corrosion, and vibration.

“Our new partnership with Industrial Detection Solutions ensures that manufacturing is closer to both customers and suppliers, enabling even faster delivery of class-leading gas detection products in support of more efficient supply chains,” said Thomas Moeller, VP Sales & Marketing at Teledyne GFD. “The proven solutions manufactured in KSA will better serve a vast regional industry that recognises the importance of a robust and prevalent safety culture. We are proud to be part of KSA’s remarkable ongoing journey of economic and industrial growth, and we look forward to a successful future together.”

Teledyne GFD recently also introduced the PS DUO, a new portable dual-gas detector designed to improve personal safety in hazardous environments. The compact handheld device can detect two gases simultaneously using passive diffusion sensing, and features real-time monitoring with audible, visual and vibrating alarms to alert users when gas levels exceed safe limits.

The PS DUO offers a broad selection of gas combinations including carbon monoxide (CO), hydrogen sulphide (H₂S), sulphur dioxide (SO₂), ammonia (NH₃), oxygen (O₂), hydrogen (H₂), nitrogen dioxide (NO₂), and ozone (O₃). Its ATEX/IECEx rating and 2-year warranty make it ideal for industrial settings. Users can select gas pairings tailored to their specific applications, such as H₂S and SO₂, particularly relevant in Middle Eastern operations.

The detector features a bright LCD screen displaying continuous gas concentration, wireless connectivity for easy data transfer, and internal memory capable of storing 30 alarm logs. Housed in a rugged IP67-rated rubberised casing, the PS DUO is lightweight (200g), ergonomic, and designed for comfort and ease of use in demanding environments. It runs for up to two years on a single replaceable battery.

Also read: Teledyne GFD's new portable dual-gas detector

New Iveco vehicles at the Madrid truck plant (Image source: Iveco)

Logistics

A familiar brand in the region, Iveco celebrates its 50th anniversary in 2025. Shahram Falati, business director for Africa & Middle East, talked to Technical Review Middle East about what to expect next
 
It is 50 years since the foundation of truck builder Iveco in 1975, when five leading European industrial vehicle manufacturers came together to lead the way in the transport sector. Today, it is a truly global player, with a manufacturing footprint that includes seven production sites and eight research and development centres spread across Europe, Asia, Africa, Oceania and Latin America. Its sales and services footprint spans 3,500 outlets, supporting customers in over 160 countries.
 
To mark the anniversary, Iveco is hosting a series of events throughout 2025, inviting African Review to its Madrid truck plant to speak with Shahram Falati, business director for Africa and the Middle East.
 
As well as honouring the past and celebrating the present, he was keen to highlight the opportunities ahead, including the possibility of new assembly plants in Nigeria and South Africa. The company already has a depot in South Africa, and in Ethiopia, but recognises the huge long-term potential the continent presents.
 
“We are seeing an increased requirement by some countries to introduce local industrial activity,” said Falati. “We have a history of assembly projects in the Middle East and Africa area, so we embrace such requests. We have already inaugurated a new assembly plant in Saudi Arabia and are currently looking at a project in Algeria and South Africa.”
 
There are plans to further highlight the quality differential of the brand too. “We are also strengthening our sales activities in fields where we see high potential for our vehicles, such as our all-wheel offerings, 4x4 and 6x6 and so on, for off-road missions. On top of this, we have plans on facing the tough competition coming from Chinese brands by campaigns which aim at more client awareness on the differences between the various products and services.”
 
Iveco is investing heavily in future technology, including zero emission engines and bio-fuels, and is keen to introduce what is already being achieved in Europe into Africa and the Middle East.
 
“Currently our product offering covers all market needs. In fact, we have Euro3 technology on all our ranges from Light to Medium and Heavy Duty. Some of our markets have already transitioned to Euro5 and we have a full range also with this emission level serving our wide customer base. Our current product launches are focused on technology improvements and upgrading of some models. This year we introduced the new Eurocargo Range with enhanced engine and comfort as well as a full Natural Gas Power lineup. Next year, we will also be seeing enhancements to our Daily range bringing us in line with our European offering.”
 
Major sectors where Iveco trucks are deployed include construction and mining, while oil and gas is also a growing market.
 
“We are fortunate that in our territory there is an abundance of opportunity and most of our markets have a growth outlook,” said Falati. “For example, in Morocco, the tourism industry is booming and the country will also host the 2030 World Cup. We see a high level of activity, especially on infrastructure, which is exciting as we have all the vehicles needed for these requirements. There is also activity in the commodity segment and the opening of new mines. To capture this highly-demanding client base, we have set up a special project team. We believe we have the correct off-road product offering, and with training of specialised salesmen, I am very optimistic about bridging the gap between demand and offer in this important segment.” 

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