Our Story
Who We Are
40 Capital is a green energy investment and development platform headquartered in Abu Dhabi, with operational headquarters in Bishkek, Kyrgyzstan.
Over the last three years, we have built one of the most advanced run-of-river hydropower platforms in Central Asia—covering site acquisition, permitting, design, construction, and operations.
Our leadership team brings deep experience across infrastructure, finance, utilities, and emerging markets, supported by international engineers, designers, and development finance institutions.
Why Hydropower?
Hydropower represents the oldest and most reliable renewable energy source, accounting for over 70% of global renewable installed capacity. Run-of-river projects offer:
Minimal environmental impact
Lower construction and operating costs
Fast development timelines
Asset lives exceeding 50 years
These characteristics make hydropower particularly attractive for long-term institutional capital.
Why Kyrgyzstan?
Kyrgyzstan has some of the best hydropower resources in Asia, with over 40,000 rivers and vast untapped generation potential. While hydropower already supplies most of the country’s electricity, current capacity represents only a fraction of its true potential.
Recent regulatory reforms, investor-friendly tariffs, long-term land leases, and strong development bank involvement have positioned Kyrgyzstan as a leading destination for green energy investment.
Our Roadmap
- Established an office in Bishkek with a headcount of 25.
- Land acquired, robust feasibilities completed, initial permits granted, design underway on 3 projects
- Secured 120 MW of project rights.
- Commissioning of HPP Issyk-Ata (2 MW), project JV.
- Raised USD 6.5m in ADGM and began construction of HPPs Aksy (4.8 MW) and Issyk-Ata 2 (4 MW).
- Commissioning of HPPs Aksy and Issyk-Ata 2.
- 51% acquisition of 40 Capital by Abu Dhabi based company Global South Utilities.
- Construction of HPPs Aksy 2 (7 MW), Kemin (7.5 MW), Chon Jargylchak (10 MW), and Kichi Jargylchak (7 MW).
- Finalize financing from leading development banks.
By The Numbers
40 Capital enables lasting development outcomes through reliable, low carbon energy infrastructure, designed around protecting the environment.
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MW Sites Acquired
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MW Pipeline Projects
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MW Total Capacity
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Years Asset Life
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Core Team
Management Team
'I have been brought up in a nation that has changed beyond recognition over the last 40
years and now proudly sits at the center of the global economy and commerce. I see in
Central Asia the same potential, people, resources and a path for development. This process
is never a straight line, but the fundamentals and destination are clear.'
Abdulla Al Neyadi
(Chairman)
‘Economic reform led by Uzbekistan, combined with current global trends has initiated a new
era of growth for Central Asia. Kyrgyzstan is following in Uzbekistan’s footsteps, enabling its
valuable water resources to finally be developed. With strong local partnerships, 40 Capital
believes it is building the platforms for investors to participate in the future of this
development.'
Richard Cecil
(Managing Director)
Developing Scalable Clean Energy Infrastructure for the Next Generation
A project-focused hydropower platform combining environmental responsibility with strong fundamentals and long-term returns.
