Nebras Power

What Nebras Power does

Nebras Power Q.P.S.C. is a Doha-headquartered, publicly listed Qatari global power development and investment company founded in 2014. The company develops, acquires, and manages a diversified portfolio of power generation assets across multiple technologies — combined-cycle gas turbine (CCGT), solar photovoltaic, wind, hydroelectric, multifuel, and coal-fired generation — spanning 22 operating assets in 8 countries with a reported gross capacity of 28.7 GW. Its portfolio includes notable assets such as Paiton Energy (Indonesia), Phoenix Power/Sur (Oman), Shams Ma'an (Jordan), the Stockyard Hill Wind Farm (Australia), NEC Energia's 18 hydroelectric plants (Brazil), and the ZEN solar platform (Netherlands), with development pipelines in Brazil (13 GW solar), Uzbekistan (Syrdarya II 1,600 MW CCGT), Oman (Duqm 870 MW), Bangladesh (UMPL 584 MW), and Qatar (Ras Abu Fontas).

The business model centers on equity ownership of IPPs, long-term Power Purchase Agreements (typically 20-25 years) with sovereign and state-owned offtakers, and asset management fees collected via its Dutch subsidiary, Nebras Power Investment Management B.V. (NPIM). Most project wins are executed through international consortia — partnering with Korean EPCs (Doosan Enerbility, Korea Western Power), Japanese utilities and trading houses (Sojitz, Kyuden, JERA, Marubeni), and European majors (EDF, Masdar) — enabling Nebras to participate in large tenders without bearing full construction or balance-sheet risk. Customers are predominantly government utilities and large industrial off-takers in emerging and growth markets with rising electricity demand. Revenue and return realization comes through dividends from operating assets, development fees during build-out, and the contracted cash flows from commissioned projects.

Nebras operates with a lean organizational footprint of 51-100 employees in Doha, reflecting its holding-company model where execution is outsourced to consortium partners and EPC contractors (such as SEPCO-3 for the Duqm build). The company has no disclosed parent and no public revenue figure, but its Q.P.S.C. structure indicates publicly listed status in Qatar. Its competitive positioning rests on access to Qatari capital, established consortium relationships, and a track record of winning competitive IPP tenders across MENA, South Asia, Central Asia, Latin America, and Oceania.

Name

Nebras Power

Legal name

Nebras Power Q.P.S.C.

Website

https://nebras-power.com

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

Nebras Power Q.P.S.C. is a Doha-based publicly listed power development and investment company that owns and manages 22 generation assets across 8 countries (28.7 GW gross capacity), generating returns through equity stakes, long-term PPAs with government utilities, and consortium-led development across solar, gas, wind, hydro, and coal technologies.

Ownership category

akta.pro rank

Product category

Independent Power Production

NAICS

Electric Power Generation (22111), Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Hydroelectric Power Generation (221111)

SIC

Electric Services (4911), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

PPA Origination, Structuring & Offtake Contracting (Physical/Financial, Sleeves) (EUAMAMAD)

akta.pro secondary industries

Corporate PPAs (C&I Offtake; Sleeved/Virtual/Physical) (EUAGADAA), PPA Origination, Advisory & Contract Management (Negotiation, Credit, Settlements) (EUAGADAL), Multi-Technology & Portfolio PPAs (Bundled Supply; Load-Following/24x7 CFE) (EUAGADAD), Contracted Wind Power Generation (PPA/CFD/FiT-backed) (EUACAFAJ)

Keywords

• Power generation investment
• Independent power production
• Renewable energy assets
• Electricity generation services
• Power plant development

Headquarters

HQ city

Doha

HQ country

Qatar

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Supply Chain, Personnel, Others

Revenue model

1. Power Generation Investment and Asset Management: Nebras Power develops, acquires, and manages power generation assets globally. The company generates returns through equity ownership in power plants, long-term power purchase agreements (PPAs), and asset management fees. Revenue comes from electricity sales under contracted off-take agreements typically spanning 20-25 years.
2. Power Plant Development: Development of new power generation capacity in international markets including Uzbekistan and Oman, with projects expected to commence between 2026-2029. Returns generated through project completion and subsequent operational phase.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Nebras Power is a global power development and investment company that develops, acquires, and manages power generation assets across multiple countries and technologies. The company generates returns through equity ownership in power plants, long-term power purchase agreements (PPAs) typically spanning 20-25 years, and asset management fees. Its portfolio includes 22 power generating assets across 8 countries, with gross capacity of 28.7 GW, spanning solar, gas, multifuel, coal, wind, and hydro generation.

Product overview

Nebras Power is a global power development and investment company headquartered in Doha, Qatar. The company does not offer a unified software product but rather maintains a diversified portfolio of power generation assets across multiple countries and energy types. The portfolio comprises 22 power generating assets in 8 countries spanning Solar (including Shams Ma'an, Amin, AM Solar, Salgueiro, Jaíba, Lavras, Francisco Sá, ZMT, Zonnepark Duisterweg, Scythia 1&2, Free Energy Partyzany, Terslav, Sun Power Pervomaysk, NEC Desenvolvimento), Gas (Phoenix Power Company, Amman East, Unique Meghnaghat Power Limited), Multifuel (IPP4), Coal (Paiton Energy), Wind (Stockyard Hill), and Hydro (NEC Energia). The company also has projects under development including the 1600 MW Syrdarya II CCGT in Uzbekistan and 870 MW Duqm power plant in Oman.

Differentiator

Problem solved

Functional benefit

Products and services

• Paiton Energy
• Phoenix Power Company
• Shams Ma'an
• IPP4
• Amman East
• AM Solar
• ZEN (Zon Exploitatie Nederland Holding B.V.)
• Amin
• Salgueiro Solar Project
• Jaíba Solar Project
• Lavras Solar Project
• Francisco Sá Solar Project
• Stockyard Hill Wind Farm
• ZMT (Zonnepark Mosselbanken Terneuzen B.V.)
• Zonnepark Duisterweg
• Scythia 1
• Scythia 2
• Free Energy Partyzany
• Terslav
• Sun Power Pervomaysk
• NEC Desenvolvimento
• Unique Meghnaghat Power Limited (UMPL)
• NEC Energia
• Syrdarya II CCGT Power Plant

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

16 partnerships are on record, tiered core and minor.

• Doosan EnerbilitycoreStrategic or Co-development Partner · 1 June 2026South Korean company leading a consortium that secured a $350 million contract to build an 870-megawatt combined cycle power plant in Duqm, Oman. Nebras Power participates as a consortium member alongside Korea Western Power, Etihad Water and Electricity, and Bahwan Infrastructure Services, with SEPCO-3 handling EPC work.
• Korea Western Power CompanycoreStrategic or Co-development Partner · 1 June 2026South Korean power company as consortium partner in the 870 MW Duqm power plant project. Participates alongside Nebras Power, Etihad Water and Electricity, and Bahwan Infrastructure Services.
• Etihad Water and Electricity (EUDC)coreStrategic or Co-development Partner · 1 June 2026UAE-based company as consortium partner in the 870 MW Duqm power plant project in Oman.
• Bahwan Infrastructure ServicescoreStrategic or Co-development Partner · 1 June 2026Omani company as local consortium partner in the 870 MW Duqm power plant project.
• SEPCO-3 (China)coreTechnology or Integration · 1 June 2026China-based engineering, procurement and construction company partnering with the Duqm power plant consortium for design and construction work on the 870 MW gas-fired power plant.
• Al Sahil PowercoreStrategic or Co-development Partner · 1 June 2026Partner in the $910 million power project with 890 MW generation capacity in Duqm, Oman, developed with an international consortium including Nebras Power.
• EDF (Électricité de France)coreStrategic or Co-development Partner · 1 March 2022French energy company partnered with Nebras Power in the international consortium for the Syrdarya II 1,600 MW Combined Cycle Gas Thermal power plant in Uzbekistan. Consortium submitted winning tender to build and manage the facility.
• Sojitz CorporationcoreStrategic or Co-development Partner · 1 March 2022Japanese trading company partnered with Nebras Power in the international consortium for the Syrdarya II CCGT power plant in Uzbekistan.
• Kyuden GroupcoreStrategic or Co-development Partner · 1 March 2022Japanese energy group partnered with Nebras Power in the international consortium for the Syrdarya II CCGT power plant in Uzbekistan.
• Unique Hotel and Resorts Limited (UHRL)coreStrategic or Co-development Partner · 1 April 2021Sale and Purchase Agreement signed with UHRL to acquire 24% equity stake in Unique Meghnaghat Power Limited in Bangladesh. UHRL is a sister company of Unique Group.
• Strategic Finance Limited (SFL)coreStrategic or Co-development Partner · 1 April 2021Sale and Purchase Agreement signed with SFL to acquire 24% equity stake in Unique Meghnaghat Power Limited in Bangladesh.
• MasdarminorStrategic or Co-development PartnerCooperation agreement signed between Nebras Power, QEWC and Masdar for renewable energy projects.
• JERAminorStrategic or Co-development PartnerExtension of MoU for cooperation with JERA, Japan's largest power company.
• Korea Electric Power Corporation (KEPCO)minorStrategic or Co-development PartnerMoU signed for potential cooperation in power sector investments.
• National Thermal Power Corporation Limited (NTPC)minorStrategic or Co-development PartnerMoU signed for potential power sector cooperation.
• Marubeni CorporationminorStrategic or Co-development PartnerMoU signed with Marubeni Corporation of Japan for joint cooperation to invest in power projects.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Sembcorp Industries: Singapore-listed energy and urban development company with a portfolio of thermal and renewable IPPs across Asia under long-term PPAs. Comparable in Asia-focused IPP ownership, multi-technology mix, and government/sovereign-linked ownership profile.
• Masdar: UAE-based renewable energy developer and investor with a globally diversified portfolio of solar and wind projects under long-term PPAs. Comparable to Nebras as a Gulf-anchored IPP/investment platform; already an MoU cooperation partner of Nebras.
• ACWA Power: Saudi Arabia-based power generation developer and investor with a multi-country portfolio of IPP/IWPP assets backed by long-term PPAs. Closest pure comparable to Nebras in business model, geographic focus on emerging markets, and consortium-led project development.
• AES Corporation: US-listed global independent power producer with renewable and thermal generation assets across multiple countries under long-term contracts. Comparable in IPP ownership model and multi-technology, multi-region portfolio construction.

Broad incumbents

• Électricité de France (EDF): French national utility with global IPP interests and consortium partner in Nebras's Syrdarya II project. Comparable as a large incumbent utility participating in emerging-market IPP consortia with multi-technology exposure.
• Korea Electric Power Corporation (KEPCO): South Korean national utility and MoU partner of Nebras for potential power sector cooperation. Comparable as a state-backed incumbent expanding into overseas IPP investments and consortium projects.
• Engie: French global utility with a significant IPP portfolio across Latin America, the Middle East, and Asia. Comparable as the former owner of Paiton Energy and as a major incumbent in cross-border IPP ownership and divestment/development activity.
• Qatar Electricity and Water Company (QEWC): Qatar's national utility and a known cooperation partner/shareholder in Nebras's ecosystem. Comparable as a regional incumbent power generator and offtaker with diversified generation across the Gulf region.
• Marubeni Corporation: Japanese trading conglomerate with significant power generation and IPP investment portfolio globally, and an early MoU partner of Nebras for joint power project investment. Comparable as a Japanese incumbent IPP investor active in the same emerging markets.

Regional players

• Sojitz Corporation: Japanese trading company participating alongside Nebras in the Syrdarya II consortium and active in overseas power IPP investments. Comparable as a Japanese consortium investor in emerging-market IPP projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/nebras_power
• LinkedInlinkedin.com/company/nebras-power-qsc

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nebras Power