- OUR PORTFOLIO
Building Impact, One Project at a Time
At ARM-Harith, our portfolio reflects our commitment to transformative infrastructure across West Africa. Each project we support is more than just an investment — it’s a step toward resilient economies, empowered communities, and a more sustainable future.
Azura-Edo IPP, Nigeria
Business: Azura-Edo Limited (“AEL”)
Sector: Energy
Country: Nigeria
Value Chain: Power Generation
Investment Status: Exited
Operation status: Operational
Year: 2015
Instrument: Equity
Description: The Azura-Edo Independent Power Plant (IPP) is a 461 MW open cycle gas-fired plant located on the outskirts of Benin City in Edo State, Nigeria. This Azura-Edo IPP stood as a pivotal development in Nigeria’s energy sector, enhancing the domestic power supply infrastructure. The plant can be further expanded to reach total generation combined cycle of 1,500 MW, helping to drive further economic growth.
Twin City Energy, Ghana
Business:Twin City
Sector: Energy
Country: Ghana
Value Chain: Power Generation
Investment Status: Active
Operation status: Operational
Year: 2016
Instrument: Equity
Description: 200MW Combined-Cycle Gas Turbine (CCGT) power plant strategically located at Aboadze, near Takoradi — Ghana’s hydrocarbon hub on the Atlantic coast. The TCE project is versatile, capable of operating on both Light Crude Oil (LCO) and natural gas, thereby providing a reliable and flexible energy solution to meet the growing demands of the region. The represents a significant advancement in Ghana’s energy infrastructure.
Embedded IPP - Nigeria
Business: Elektron Power Infracom
Sector: Energy
Country: Nigeria
Value Chain: Power Generation
Investment Status: Active
Operation status: Operational / Construction in Progress
Year: 2022
Instrument: Equity
Description: Elektron Power Infracom (“EPI”) is the first embedded generation platform in Nigeria, set up to serve Commercial and Industrial (C&I) customers. The platform comprises of three assets for a total of 71 MW as follows:
– ALPL: an operating power plant with a generation capacity of up to 30MW in Lagos Mainland – VIPL: currently under construction, this greenfield gas-fired power plant located in Lagos Island, will produce 30MW of electricity – IHPL: an innovative 11 MW hybrid power solution currently under construction in Oyo State. It comprises 1 MW of solar energy.
AD Power Holdco - Nigeria
Business: AD Power Holdco
Sector: Distributed Renewable Energy
Country: Nigeria
Value Chain: Power Generation
Investment Status: Active
Operation status: Operational / Construction in Progress
Year: 2022
Instrument: Equity
AD Power HoldCo (“ADP”) is an asset holding company and an aggregator company for distributed renewable energy projects such as min-grid, interconnected sub-franchises, and commercial and industrial energy projects etc., that have a measurably positive impact on energy access, energy transition and climate.
The platform currently has 9 projects in operation, serving 9 communities across the country.
Prime Meridian Floating Dock, Ghana
Business: PMD AssetCo Limited
Sector: Transport
Country: Ghana
Value Chain: Port Development
Investment Status: Active
Operation status: Construction about to start
Year: 2023
Instrument: Equity
ShipRite is a greenfield floating dry dock, ship repair, and maintenance facility granted under a concession contract by the Ghana Ports and Harbors Authority. Located within the existing Takoradi Port in the Western Region of Ghana, this facility represents a significant advancement in regional maritime infrastructure. Takoradi Port’s status as a Free Trade Zone (FTZ) positions it as an ideal gateway for landlocked countries such as Burkina Faso, Mali, and Niger to the north. Consequently, ShipRite is strategically poised to play a pivotal role in fulfilling the goals of the African Continental Free Trade Agreement (AfCFTA).