Abu Dhabi-based ADQ, International Holding Company (IHC), and Modon Holding have established a joint venture to create Gridora, an infrastructure platform aimed at expanding private and public-private infrastructure projects in the UAE and internationally.
Gridora will operate under Modon Holding and function across two core business lines: Infrastructure Projects and Infrastructure Investments. These lines reflect the asset management and project origination capabilities of the founding entities.
The new platform will use Modon Holding’s infrastructure and real estate development experience to accelerate the delivery of large-scale infrastructure projects. It is intended to streamline procurement and improve execution timelines while enabling collaboration with capital providers and specialist operators.
Gridora’s scope includes early-stage planning through to operations. It will serve as both a development and investment platform, focusing on fee-based and long-term yield-generating opportunities in infrastructure.
According to the partners, Gridora will play a central role in scaling infrastructure delivery and unlocking private sector participation. The platform will also support strategic projects in Abu Dhabi and beyond, aligned with long-term economic and population growth trends.
Gridora builds on Abu Dhabi’s infrastructure development framework, including upcoming expansion at key urban, transport, and utility sites. It is expected to play a role in meeting increased demand for infrastructure aligned with the emirate’s development priorities and diversification agenda.
