
Cox and AMEA Power unite to deliver integrated water and energy solutions across emerging markets. (Image source: AMEA Power)
Cox and AMEA Power form strategic joint venture to tackle water and energy challenges across emerging markets
Two major players in the global water and energy sectors – Cox, headquartered in Spain, and Dubai-based AMEA Power – have announced the formation of a strategic joint venture aimed at accelerating the development of integrated water and energy infrastructure across Middle East, Africa, and Asia.
Uniting expertise in water and renewable energy
Cox brings over five decades of experience in the global water and energy sectors to the partnership. With a current portfolio of five water concessions delivering up to 945,000 m³/day, six energy generation projects, and two transmission line concessions, Cox is a globally respected operator in infrastructure. Its leadership is especially evident in water treatment and desalination, where it has delivered more than 8.3 million m³/day in global capacity and received over 250 client certifications along with more than 20 international industry awards.
The company operates under a concession-based model and offers engineering, procurement, and O&M services. It has developed a diverse and strategically located portfolio across several fast-growing economies, ensuring reliable and recurring revenue streams. Its consistent high rankings by respected institutions like Global Water Intelligence (GWI), the Global Water Awards, and the International Desalination Association reflect its strong industry standing.
AMEA Power’s expanding renewable footprint
On the other side of the venture, AMEA Power has established itself as a leading force in renewable energy development across Africa, the Middle East, and Asia. With operations and development pipelines active in over 20 countries, its renewable project portfolio exceeds 6 GW. Over 2,600 MW of this is either operational or under construction.
Driving sustainable development through partnership
This joint venture between Cox and AMEA Power merges complementary strengths – Cox’s global leadership in water infrastructure with AMEA Power’s renewable energy expertise – to tackle complex infrastructure demands in regions where access to water and energy are equally vital.
The collaboration builds on an existing relationship between the two companies. AMEA Power became an anchor shareholder in Cox with a 3.76% equity stake acquired during the company’s IPO in November, signalling a strong, long-term commitment to Cox’s future.
Enrique Riquelme, executive chairman of Cox, commented, "This Joint Venture represents a critical step in Cox’s growth strategy, emerging from an integrated vision that combines water and energy solutions to tackle the most pressing challenges and meet the demands of markets in the Middle East and Africa. Through this partnership, we aim to develop projects where access to water and energy complement each other, creating new opportunities where both are essential for the sustainable development of communities."