CNBC: Infrastructure Opportunities in the Middle East
Stonepeak Chairman, CEO, and Co-Founder Mike Dorrell spoke with CNBC while attending the FII Summit in Saudi Arabia. He highlighted the burgeoning opportunities in the region being driven by ambitious government objectives.
The regional push to be at the forefront of AI innovation is driving significant infrastructure investment in the region. In the interview, Mike discussed how this is coming to bear, and the related knock-on effects for power and capacity opportunities.
The GCC is in the early stages of a multi-billion-dollar infrastructure build cycle, and with Stonepeak’s growing regional presence and expertise as the world’s largest independent infrastructure investor, the firm is well-positioned to support these meaningful regional tailwinds.
In August 2025, Stonepeak announced the launch of WahajPeak, its inaugural renewable energy platform in the Middle East, and in May of this year, the firm announced a $1 billion strategic partnership with The Arab Energy Fund to invest in energy infrastructure across the Middle East.