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Enersol
Enersol, chaired by Mubadala Deputy CEO Waleed Al Mokarrab Al Muhairi, invests in clean-energy infrastructure across the Middle East and North Africa.
Enersol
Enersol was established by Deputy Group CEO of Mubadala Investment Company Waleed Al Mokarrab Al Muhairi. The firm operates from the United Arab Emirates and reflects a broader Abu Dhabi mandate to deploy capital into the global energy transition, though Enersol's specific investment vehicle structure remains closely held. Al Muhairi's leadership at Mubadala — one of the world's most active sovereign investors — anchors the family office's financial gravity and its access to infrastructure co-investment opportunities across the Gulf. The firm concentrates on renewable energy generation, energy storage, and grid infrastructure, with exposure spanning solar photovoltaic farms, wind installations, and green hydrogen pilot programs. Confirmed investment interests include utility-scale solar projects in Egypt and Jordan, as well as battery storage systems developed in partnership with European independent power producers (public record). Enersol targets both development-stage platforms and operational assets, favoring direct equity positions and joint ventures with established developers rather than blind pool fund commitments. The geographic footprint covers the UAE, Saudi Arabia, Egypt, Morocco, and select Southern European markets. Total asset deployment is not publicly disclosed; industry analysis pegs the pool between $500 million and $2 billion in committed and deployed capital (Altss estimate). Al Muhairi's dual role at Mubadala — where he also oversees the firm's $15 billion Masdar clean-energy initiative — creates a structural adjacency that may blur the lines between sovereign and family capital. In late 2023, Enersol participated alongside Masdar in the acquisition of a 50% stake in a California solar and battery storage portfolio from EDF Renewables, signaling a willingness to stretch beyond the Middle East for scaled operating assets (per Reuters, 2023). Enersol's defining structural characteristic is its embeddedness within the Abu Dhabi sovereign capital ecosystem. Unlike most family offices that erect firewalls between founding wealth and day-to-day management, Al Muhairi's investment activity appears interwoven with one of the world's largest clean-energy sovereign programs — making the family office a potential co-investment vehicle for individuals and families seeking exposure alongside Mubadala's origination pipeline without the sovereign fund's minimum ticket size.
General information
Firm type
Single Family Office
Year founded
—
AUM
$500M - $2B (Altss estimate)
Location
Region
Middle East
Country
United Arab Emirates
City
—
Corporate office
United Arab Emirates
Principals
Waleed Al Mokarrab Al Muhairi
Chairman
Sector focus
Frequently asked questions
Who runs Enersol?
Enersol is chaired by Waleed Al Mokarrab Al Muhairi, who also serves as Deputy Group CEO of Mubadala Investment Company and Chairman of Masdar. This dual leadership — spanning sovereign wealth management and one of the world's largest clean-energy platforms — places Al Muhairi at the center of Abu Dhabi's energy transition strategy, and Enersol's investment activity mirrors that alignment.
How is Enersol related to Mubadala and Masdar?
Enersol is legally distinct from both Mubadala and Masdar but shares a common principal in Waleed Al Mokarrab Al Muhairi. In practice, Enersol has co-invested alongside Masdar — notably the November 2023 acquisition of a California solar-plus-storage portfolio from EDF Renewables (per Reuters, 2023). This arrangement allows the family office to ride Mubadala's origination pipeline while deploying smaller, more concentrated checks than the sovereign vehicle.
What does Enersol invest in?
Enersol targets energy transition infrastructure: solar PV, wind, energy storage, and emerging green hydrogen projects. The firm favors direct equity and joint venture structures, with a geographic concentration in the UAE, Saudi Arabia, Egypt, Morocco, and increasingly North America. It has not publicly disclosed investments outside the energy and infrastructure sectors.
Does Enersol accept outside capital?
Enersol has not publicly indicated that it accepts third-party capital from non-family investors. Its co-investment alongside Masdar on publicly disclosed transactions suggests an operating model where it may participate alongside allied institutional vehicles, but no formal fundraising or multi-family office offering has been documented.
What is Enersol's geographic focus?
Enersol concentrates primarily on the Middle East and North Africa, with known activity in the UAE, Saudi Arabia, Egypt, Jordan, and Morocco. The 2023 co-investment in the California portfolio signals a North American expansion pathway, particularly for scaled operating assets where access is facilitated via Masdar's origination mandate.
How large is Enersol's portfolio?
Enersol does not publish AUM or deployment figures. Based on known transaction activity and the scale of Al Muhairi's concurrent roles, industry estimates place committed and deployed capital in the range of $500 million to $2 billion (Altss estimate). Without primary financial disclosures, the exact size remains opaque.
Does Enersol invest in funds or only directly?
Public records suggest a preference for direct equity positions and joint ventures with developers rather than limited partnership commitments to third-party funds. However, Enersol has not publicly confirmed a formal policy, and some exposure may exist through co-investment structures alongside Mubadala's broader fund platform.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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