• AMEA Power has now announced the closing and funding of a $75 million equity funding round from SoftBank Group Corp. (“SBG”), a Japanese investment holding company.

Dubai, United Arab Emirates; November 21, 2023: AMEA Power, one of the fastest growing renewable energy developers in Africa, has closed and received funding for a $75 million equity funding round from SoftBank Group Corp. (“SBG”), a Japanese investment holding company.

SBG’s funding brings together a mutual partnership with SBG joining the Board of AMEA Power. Several international institutional strategic corporate and financial investors are also evaluating a potential investment following on from the SBG investment.

Citigroup Global Markets Limited acted as a Financial Advisor to AMEA Power.

### ENDS ###

About AMEA Power

Headquartered in Dubai, AMEA Power is a developer, owner and operator of renewable energy projects. As one of the fastest growing renewable energy companies in the region, the company is rapidly expanding its investments in wind, solar, energy storage and green hydrogen, demonstrating its long-term commitment to the global energy transition. AMEA Power has assembled a world class team of industry experts to deliver projects across Africa, the Middle East and other emerging markets.

Contacts:

E-mail: Barbro.Ciakudia@ameapower.com

Landline: +971 (0) 4 310 7050

Mobile: +971 (0) 56 412 1756

For more information, please visit: www.ameapower.com