Try “Miran”, “shipping” or “The OWO”.
About ONEX
A private infrastructure investment group headquartered in DIFC, Dubai — employing around 1,500 professionals across our businesses.
Who we are
ONEX is a private infrastructure investment group founded in the 1990s, with interests in power generation, oil and gas, refining, commodities trading and shipping, prime real estate, renewables, telecommunications, digital retail and mining.
We focus on bridging infrastructure gaps in selected emerging markets, while continually seeking new challenges, advancing new technologies and entering new fields. We are growing our power generation and energy capacity in line with the rising demand of the countries where we operate.
Developing economic clusters that stimulate synergies, increase trade and investment and strengthen our portfolio sits at the heart of our investment approach.
What we do
Five platforms across ten sectors, linked into economic clusters that capture synergies and strengthen trade flows.
Gas, power and refining, integrated in the Kurdistan Region of Iraq.
1,500 MW
installed power generation capacity
Moving physical energy from where it is produced to where it is needed most.
55m
barrels of commodities traded a year
Restoring a London landmark for a new generation.
$1.7bn
total investment value of The OWO
Developing, financing, building and operating utility-scale wind.
€600m
invested in renewables
Telecom towers, digital retail and a stake in West African gold.
16,000+
towers in the TVI–Ascend portfolio
Our role
We invest long-term capital, transform the assets we own and stay alongside our partners for the long run.
We invest long-term capital in assets that form the backbone of the economy and meet the needs of the communities they serve.
We restore, upgrade and expand assets — from the Bazian Refinery to The OWO — driving performance and efficiency.
We build long-term relationships with governments, national companies and global industrial partners such as GE Vernova and HKN Energy.
What we stand for
Success means driving resilience and contributing to a flourishing economy where businesses, ideas and people can grow and thrive.
Our vision
Our investments enable us to generate sustainable financial returns and deliver long-term impact for our stakeholders. To foster vibrant, diversified economies, we create growth opportunities across core sectors.
Our mission
We invest in projects that form the backbone of the economy and meet the needs of the people in each jurisdiction. We observe reality, anticipate trends and adapt to capture them. It isn’t just performance or returns that matter — we care about how we achieve our targets, and we build long-term relationships with partners around the world.
In the pursuit of excellence, we seek to be the best.
We conduct ourselves with integrity — our reputation is everything.
We build sustainable, long-term relationships.
We are accountable for our actions, individually and as a firm.
ONEX in numbers
Milestones
Founded in the 1990s — from first licences and oil trading to a ten-sector platform spanning the Middle East, Europe, India and West Africa.
ONEX is founded.
First exclusive distribution licence, for Hitachi in Iraq.
Started oil trading.
Acquisition of the Bazian Refinery in the Kurdistan Region, later restored, upgraded and expanded to 45,000 bpd.
First 500 MW of the Bazian power plant built in the Kurdistan Region.
49% stake in The OWO joint venture in London.
220 MW of renewables.
The OWO and Raffles London open; Portuguese wind portfolio sold to Finerge; TVI–Ascend tower merger.
250 MW CCGT add-on completed, taking total power capacity to 1,500 MW; Miran Energy term sheet with the KRG; world’s first AGP XPAND with GE Vernova.
How we invest
Approach
We focus on bridging infrastructure gaps in selected emerging markets, while continually seeking new challenges, advancing new technologies and entering new fields.
We are growing our power generation and energy capacity in line with the rising demand of the countries where we operate.
Synergies
Developing economic clusters that stimulate synergies, increase trade and investment and strengthen our portfolio sits at the heart of our investment approach — linking gas, power, refining, trading and the infrastructure around them.
Transformation
We restore, upgrade and expand assets — from the Bazian Refinery to The OWO — driving performance and efficiency.
We work with governments, national companies and global partners on complex infrastructure with high barriers to entry.
Footprint
Our people work across the United Arab Emirates, the Kurdistan Region of Iraq, Luxembourg, the United Kingdom, Portugal, Spain and the United States.
1United Arab Emirates2Kurdistan Region of Iraq3United Kingdom4Luxembourg5Portugal6Spain7United States
