AEPCo — Alternative Energy Projects Company

Alternative Energy Projects Co. (AEPCo.) is a Kuwaiti based company established with the aim of making innovative, renewable energy solutions readily available in the MENA markets.

Capacity Today

Generating 750 MW+,building 2,500 MW+ more.

OperationalPipeline
750 MW operational 2,500 MW in development3,250 MW total programme

The AEPCo Standard

Bankable structures. Lender-grade delivery. Long-term operations.

Capital

Institutional-grade structures designed for long-term lenders and offtakers.

Execution

Single delivery standard from origination through twenty-five years of operations.

Region

Headquartered in Kuwait with active execution across the MENA region.

What We Do

One integrated platform across the asset lifecycle.

Development, EPC, investment and advisory under a single delivery standard — covering every stage from origination through twenty-five years of operations.

01

Project Development

From opportunity identification, land, permits and offtake structuring to financing and execution, AEPCo manages the full development lifecycle.

  • Greenfield origination & site assessment
  • PPA & offtake structuring
  • Project finance & investment readiness
Learn more

02

EPC & Construction

Engineering, procurement and construction services for utility-scale and commercial renewable energy projects.

  • Detailed engineering & design
  • Tier-1 equipment procurement
  • Grid integration & commissioning
Learn more

03

Investment & Asset Ownership

Long-term ownership and financing structures that help clients access renewable energy with reduced upfront investment.

  • Build-Own-Operate-Transfer (BOOT)
  • Power Purchase Agreements (PPA)
  • Solar lease & energy-as-a-service
Learn more

04

Consultancy & Advisory

Technical, commercial and financial advisory for renewable energy projects across the MENA region.

  • Feasibility & techno-economic studies
  • Lender & owner technical advisory
  • ESG and sustainability advisory
Learn more
  1. Screening

    Opportunity screening & feasibility

  2. Development

    Site control, permits, grid studies

  3. Financial close

    Offtake, tendering & financing

  4. Construction

    EPC, testing & commissioning

  5. Operations

    Up to 25 years of asset management

Regional Footprint

Active across the MENA renewable corridor.

Operating assets and active development across four core markets, with selective pipeline expansion across the broader region.

Kuwait International Airport Terminal II development

Kuwait City · Headquarters

Kuwait

Commercial & industrial solar, carports and flagship infrastructure.

Sustainability

Delivering clean energy with measurable impact

AEPCo's sustainability framework spans environment, society and governance — ensuring our projects deliver long-term value for all stakeholders.

Clean Energy Generation

Displacing fossil generation with reliable, long-duration renewable assets across the region.

CO₂ Emissions Reduction

Each project contributes to measurable carbon savings over a 25-year operating life.

Local Community Impact

Engaging local supply chains, skills and stakeholders throughout project lifecycles.

Energy Cost Optimization

Long-term offtake structures that deliver predictable, competitive energy costs.

Reliable Infrastructure

Lender-grade design, construction and operations for two decades of dependable performance.

Leadership

Leadership with regional execution experience

Our team brings together experience across renewable energy development, EPC, finance, asset management and long-term project delivery.

Professional portrait of Mr. Haider Al-Zankawi, Board Chairman of AEPCo

Mr. Haider Al-Zankawi

Board Chairman

Professional portrait of Mr. Moustapha Chami, Vice Chairman of AEPCo

Mr. Moustapha Chami

Vice Chairman

Professional portrait of Dr. Hassan Qasem, CEO and Board Member of AEPCo

Dr. Hassan Qasem

Chief Executive Officer & Board Member

Professional portrait of Dr. Raed Bkayrat, Chief Development Officer of AEPCo

Dr. Raed Bkayrat

Deputy Chief Executive Officer

News & Insights

Perspectives from across the AEPCo platform

Selected updates, events and analysis from our development, investment and advisory teams.

Souq Sharq waterfront complex in Kuwait City, planned site of the 8.77 MW rooftop and carport solar systemAnnouncements
3 min read

AEPCo to develop Kuwait's first private-sector solar project at Souq Sharq

AEPCo has signed an agreement with United Real Estate Company (URC), via its subsidiary Marasi United, to develop an 8.77 MW rooftop and carport solar system at Souq Sharq - believed to be the first project of its kind in Kuwait's private sector.

Read article
Solar panels and wind turbines illustrating AEP's regional renewable energy expansionAnnouncements
2 min read

AEP plans equity raise to expand renewable energy business across MENA

AEP has appointed Kamco Invest, working with Burgan Bank, to lead a capital raise supporting solar and hybrid projects across Kuwait and the wider MENA region.

Read article
AEPCo's Masader Al Haq solar project in JordanAnnouncements
1 min read

Masader Al Haq generates 52.3 GWh in its first four months of operation

AEPCo's Masader Al Haq solar project generated 52.3 GWh of clean electricity during its first four months of operation, avoiding approximately 26,145 tonnes of CO₂ emissions.

Read article
Partner With AEPCo

Partner with AEPCo

Whether you are an offtaker, investor, lender, developer or public sector stakeholder, AEPCo is ready to support the next generation of renewable energy projects.