NEWS

RAK Power will deliver a mix of conventional and renewable power generation facilities that are both environmentally sustainable, and energy efficient, solutions for RAK's major developments.

RAK Power LLC, is an independent power producer (IPP) licensed in the Emirate of Ras Al Khaimah to provide sustainable and cost effective solutions for Electricity Generation and related utility services to meet the requirements of the Emirate of RAK's growth strategy that spans Industry, Real Estate, Tourism and other sectors.

Rak Power's shareholders are the Ras Al Khaimah Investment Authority (RAKIA) and EP Global Energy Ltd of Cyprus (a member of the Paraskevaides Group of Companies).

The RAK Power remit includes a number of pilot projects for the provision of power and related utilities at scale. The pilots deliver combined Wind-Fuel solutions, using innovative new power generation technologies.