Saudi Gulf News

Summary:

Abu Dhabi-based giants ADQ, IHC, and Modon Holding have launched Gridora, a joint venture infrastructure platform designed to accelerate large-scale development projects in the UAE and internationally. Operating under Modon Holding, Gridora will focus on both project delivery and investment management, aiming to streamline infrastructure procurement and implementation. Backed by the combined expertise and financial strength of its founding partners, Gridora will enable effective public-private collaboration while unlocking long-term economic value.

Key Highlights:

·         Joint Venture: ADQ, IHC, and Modon Holding team up to form a new infrastructure platform—Gridora.

·         Operated by Modon Holding: Gridora will leverage Modon’s expertise in real estate and infrastructure development at local, regional, and global levels.

·         Strategic Focus: Designed to deliver high-impact infrastructure projects through private and public-private partnerships (PPPs).

·         Two Business Lines:

1.      Infrastructure Projects – Project development and execution

2.      Infrastructure Investments – Asset management and returns generation

·         End-to-End Capabilities: Gridora will oversee infrastructure projects from early-stage planning through to operations.

·         Financial Goals: Aims to generate both fee-based revenues and long-term investment yields.

·         Collaboration Platform: Built to foster deeper engagement between the public and private sectors.

·         Regional and Global Reach: Positioned to scale infrastructure delivery across the UAE and international markets.