A Bahrain-based Terasolar, part of Swiss-based wealth management company Terra Nex Financial Engineering (Terra Nex), has seen a great takeoff with healthy return on investments of 40% a year over past two years, a top official at the company revealed.
David Heimhofer, Chairman, Terra Nex Group, on Wednesday said that Terasolar is currently involved in $2.7 billion energy projects of 1.75 Gega watt across the Arab region.
David, who has served as a senior banker in Bahrain, has been instrumental in bringing German investors to Bahrain by offering great investments opportunities from Terra Nex platform.
Bahrain is a great investment destination and this has been one of the important advantages which help to make up mind when it comes to private investors.
Terra Nex organized a delegation of over 50 high-net worth private and institutional German investors to visit Bahrain to explore investment opportunities in the Kingdom.
At a special event organized by Terra Nex at the Capital Club in Bahrain Financial Harbor, the investors got a chance to meet with the Economic Development Board representative, Yousef Al-Khan, Manager, International Relations, Business Development, members of Bahrain’s business community.
“Given Bahrain’s history as a banking and financial center for the region, we firmly believe that the Kingdom is one of the safest and most attractive GCC countries for investment,” David Heimhofer, Chairman, Terra Nex Group, welcoming the delegation to the Kingdom, he said.
“As managers of various German Private Equity funds from the fund family of Middle East Best Select, Terra Nex has currently invested across the GCC region, and especially in the Kingdom of Bahrain. In the past year, Terra Nex has already attracted significant investment into Bahrain and looking to continue on this success with this latest trip,” Heimhofer, said.
“Over the past year, Terra Nex has made considerable progress in, promoting, developing and investing in renewable energy projects across the MENA region and we plan to continue doing the same in the upcoming New Year,” Heimhofer, said.