$500M Digital Energy Fund Launched by Hodler Investments & Gewan Holding
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Hodler Investments and Gewan Holding, two prominent UAE-based investment firms, are collaborating to launch the $500 million Digital Energy Infrastructure (DEI) Fund. This fund aims to invest in critical energy projects that support the digital economy.
The DEI Fund will target a diverse array of initiatives, including power generation, data mining, blockchain technology, decentralized infrastructure, and artificial intelligence (AI).
Additionally, it will offer funding for startups and software development in these sectors.
UAE Investment Firms Announce $500 Million Digital Energy Infrastructure Fundhttps://t.co/TcIMSJkAUa
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Therefore, the DEI Fund is set to play a significant role in advancing technologies essential for the digital age. This fund aims to foster growth and development in the energy and tech sectors by backing projects that improve energy infrastructure and support innovative digital solutions.
This strategic investment is expected to drive progress in vital areas for the future of technology and energy management.
Hodler Investments and Gewan Holding Launch $500 Million Digital Energy Infrastructure Fund
As we mentioned above, Hodler Investments and Gewan Holding, both based in the United Arab Emirates, are launching a $500 million fund called the Digital Energy Infrastructure (DEI) Fund. This fund is designed to let clients invest in assets and infrastructure that generate steady income, similar to utilities.
The DEI Fund will focus on various areas, including power generation, data mining, blockchain technology, decentralized infrastructure, and artificial intelligence (AI).
Hence, the fund has already received early commitments from major investors, contributions in kind, and partners interested in energy and connectivity for AI and digital asset mining.
The DEI Fund aims to support projects and technologies that are crucial for the growth of the digital economy. By investing in these areas, the fund seeks to boost advancements in technology and energy infrastructure, helping to meet the increasing demand for digital services and innovations.
Mohamed El Masri Outlines Vision for $500 Million Digital Energy Infrastructure Fund
Mohamed El Masri, managing director at Hodler Investments, explained that the Digital Energy Infrastructure Fund shows their commitment to boosting the global digital economy by investing in essential energy projects. Based in the UAE, the fund supports the country’s aim to create a sustainable digital economy.
It focuses on improving energy security and tackling energy poverty, meaning it aims to ensure a stable and reliable energy supply while helping communities with limited access to energy.
In addition to focusing on compute clusters, the DEI Fund will also invest in tech startups, operating platforms, and software that enhance its portfolio.
It will support early to growth-stage tech companies and applications related to fintech, decentralized finance, and Web3. The fund’s goal is to drive innovation and support the development of new technologies that contribute to the digital economy.
