Abu Dhabi's ePointZero to acquire 90% stake in Africa focused Azura Power

Abu Dhabi-based energy infrastructure investor ePointZero, a subsidiary of Two Point Zero Group, has agreed to acquire a 90% stake in Azura Power Holding Limited. This acquisition significantly expands Abu Dhabi's influence over power generation assets across the African continent. For procurement professionals in the energy sector, this move centralizes the purchasing and maintenance strategies for large-scale power equipment within the UAE's investment ecosystem.

This transaction is likely to trigger a surge in procurement activities for turbines, transformers, and grid infrastructure components managed from Abu Dhabi. Suppliers of power generation equipment should prepare for centralized tender processes as ePointZero integrates Azura’s operations. The deal highlights the role of Abu Dhabi as a procurement hub for major infrastructure projects in emerging markets, offering regional equipment distributors new avenues for growth.