COFIDES will finance the development of a solar power plant by GS Inima in Oman, enhancing the sustainability of the Barka V desalination facility.
Information on the Target
On June 11, 2025, COFIDES announced its support for GS Inima, a global leader in sustainable solutions for the water and renewable energy sectors. The company is set to develop, finance, design, construct, operate, and maintain a photovoltaic plant with a capacity of 6.3 MWp in Oman. This self-consumption plant will supply energy to the Barka V desalination facility, a state-of-the-art installation developed by the Spanish company, vital for ensuring water security and supply in the country. Barka V commenced commercial operations in June of the previous year and has a production capacity of 100,000 m³/day, serving 800,000 residents in the densely populated areas of Muscat and Batinah.
This operation highlights GS Inima's commitment to integrating renewable energy into its water desalination solutions. The project will involve a total investment of nearly 5 million euros and will occupy a 40,000 m² area. It is expected to cover approximately 11% of the electricity needs of the Barka V desalination plant until June 2044, thereby reducing the environmental impact associated with fossil fuel electricity generation.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in Oman
The water and renewable energy sectors in Oman are increasingly significant as the country faces growing water scarcity challenges. The government has recognized the need for innovative solutions to secure water supply and is investing he
Similar Deals
EDF Renouvelables and Korea Western Power Corporation (KOWEPO) → Manah 1 Solar Project
2023
Exxaro Resources Limited → Gouda Wind Farm and Sishen Solar Facility
2026
Alantra’s energy transition fund, Klima → Dexter Energy
2025
Varel Energy Solutions → Ace Well Technology
2025
COFIDES
invested in
GS Inima
in 2025
in a Other deal
Disclosed details
Transaction Size: $5M
Revenue: $389M
EBITDA: $106M
Enterprise Value: $10,440M
Multiples
EV/EBITDA: 98.5x
EV/Revenue: 26.8x