UAE Abu Dhabi $225 Billion Sovereign Wealth Fund ADQ & Australia $45 Billion Plenary Group to Launch Co-Development & Investment Infrastructure Platform (Plenary Middle East) Investing in Public & Social Infrastructure in Middle East & Central Asia via Public-Private Partnership (PPP Models), ADQ Acquired 49% of Plenary Group for $651 Million (AUD 1 Billion) in 2024 April, Plenary Middle East Will be Integrated with ADQ Infrastructure & Critical Minerals Cluster
4th March 2025 | Hong Kong
UAE Abu Dhabi sovereign wealth fund ADQ ($225 billion AUM)& Australia Plenary Group ($45 billion AUM) have announced the launch of co-development & investment infrastructure platform (Plenary Middle East), investing in public & social infrastructure in the Middle East & Central Asia via Public-Private Partnership (PPP Models). In 2024 April, ADQ had acquired 49% of Plenary Group for $651 million (AUD 1 billion) in 2024. Plenary Middle East will be integrated with ADQ Infrastructure & Critical Minerals cluster. Announcement (25/2/25): “ADQ, an active global sovereign investor focused on critical infrastructure and supply chains, and Plenary Group, a leading independent investor, developer, and manager of public-private infrastructure projects headquartered in Australia, have announced the establishment of Plenary Middle East, a co-development and investment platform focused on public and social infrastructure opportunities in high-growth regions across the Middle East and Central Asia. As part of the agreement, Plenary Middle East will leverage public-private partnership (PPP) models to drive sustainable development and economic growth in target geographies. By combining the strengths of both sectors, PPPs foster private sector involvement in public infrastructure and value-added services, enabling high-impact projects with lasting socioeconomic benefits, particularly in sectors such as education, transportation, and healthcare. PPPs have the potential to bridge the infrastructure financing gap, which is estimated to require USD 15 trillion by 2040, according to the Global Infrastructure Outlook. Plenary Group has already achieved early success in the United Arab Emirates, having led the development of the country’s first schools under a PPP framework. In collaboration with the Abu Dhabi Department of Education and Knowledge, Plenary Group recently delivered three state-of-the-art schools, providing world-class education infrastructure for more than 5,000 students … … This co-development and investment platform builds on ADQ’s acquisition of a 49 percent stake in Plenary Group in April 2024, marking the first major inbound investment from the United Arab Emirates into an Australian company since the signing of the Australia-UAE Comprehensive Economic Partnership Agreement, further strengthening bilateral ties between the two nations.”
“ UAE Abu Dhabi $225 Billion Sovereign Wealth Fund ADQ & Australia $45 Billion Plenary Group to Launch Co-Development & Investment Infrastructure Platform (Plenary Middle East) Investing in Public & Social Infrastructure in Middle East & Central Asia via Public-Private Partnership (PPP Models), ADQ Acquired 49% of Plenary Group for $651 Million (AUD 1 Billion) in 2024 April, Plenary Middle East Will be Integrated with ADQ Infrastructure & Critical Minerals Cluster “
Hamad Al Hammadi, Deputy Group Chief Executive Officer at ADQ: “The establishment of Plenary Middle East aligns with ADQ’s focus on building world-class foundational systems and infrastructure essential to the functioning of economies and societies. Together with Plenary, a global leader with a proven track record in successfully delivering infrastructure projects, we aim to capitalize on the potential of public-private partnership opportunities in our key target markets. By leveraging our mutual expertise, we are well-positioned to drive sustainable growth and create lasting value.”
Paul Oppenheim, Chairman of Plenary Group: “We are excited about the opportunities this partnership will bring, positioning us to participate in significant upcoming projects in new and existing markets, accelerating our growth. In particular, the Middle East co-development and investment platform will supercharge our expansion into new markets and unlock valuable opportunities for both companies.”
Plenary – Plenary is a leading independent developer, manager and long-term investor of public infrastructure with 88 assets under management worth more than A$73 billion across Australia, North America, the Middle East and the UK. Plenary adopts a holistic approach to delivering projects that embraces finance, design and construction, commercial development, asset management and operations.
ADQ – Established in 2018, ADQ is an active global sovereign investor with a focus on critical infrastructure and supply chains. As a strategic partner to the Government of Abu Dhabi, ADQ invests in the growth of business platforms anchored in the Emirate that deliver value to local communities and long-term financial returns to its shareholder. ADQ’s total assets amounted to USD 225 billion as of 30 June 2024. Its rapidly expanding portfolio encompasses companies across numerous core sectors of the economy, including energy and utilities, transport and logistics, food and agriculture, and healthcare and life sciences.
UAE Abu Dhabi $225 Billion Sovereign Wealth Fund ADQ & Australia $45 Billion Plenary Group to Launch Co-Development & Investment Infrastructure Platform (Plenary Middle East) Investing in Public & Social Infrastructure in Middle East & Central Asia via Public-Private Partnership (PPP Models), ADQ Acquired 49% of Plenary Group for $651 Million (AUD 1 Billion) in 2024 April, Plenary Middle East Will be Integrated with ADQ Infrastructure & Critical Minerals Cluster
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2025 Investment Day
- March - Hong Kong
- March - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
