Strategic Partnership

New York and Paris, November 15, 2024 – Asia Development and Investment Bank Holdings Ltd. (ADIB Holdings) and DeepGreenX Group, a world-leading AI-driven green energy data service operating company, have jointly announced an agreement for ADIB Holdings to make a strategic  investment as management fees into DeepGreenX Group. Following this investment, ADIB Holdings will hold a 36% stake in DeepGreenX Group on a fully diluted basis, with a post-investment valuation of approximately 58 billion USD, making it the joint largest shareholder. This agreement marks the beginning of ADIB Holdings and DeepGreenX’s close collaboration on creating the world’s first AI- and blockchain-empowered platform for financing and leasing. The platform will enable new energy project developers to effectively and precisely access financial services, providing a powerful boost to enhance investment efficiency and accelerate the development of the global new energy industries. 


ADIB Holdings is an investment institution controlled by the Asia Development and Investment Bank (ADIB). It focuses on innovative financial services for the global energy and infrastructure sectors. ADIB Holdings is an offshore financial partner of the World Islamic Foundation, a leading regional financial institution in Asia, and a prominent policy investment bank. Its funding is sourced from fiscal and sovereign funds alongside major financial institutions.


DeepGreenX Group is a global digital transformation and new energy company under Sun Seven Stars Investment Group’s portfolio. Currently operating across 20 cities on four continents, DeepGreenX is recognized for its inventive AI Platform-as-a-Service (AI PaaS) model and its dedication to achieving recurring revenue through AI technologies. With a strong presence in markets across Europe and the Americas, DeepGreenX has established itself as a leader in various sectors, securing European projects on national virtual grid construction, photovoltaic power plants, grid energy storage centers, wind and microgrid equipment manufacturing, computing centers, and micro-nuclear power services, as well as U.S.-based stored energy battery production. With its competitive edge in technology and PaaS model, DeepGreenX is not only providing holistic solutions to enterprise clients but also forming its own ecosystem. This strategy enables DeepGreenX to consistently generate value for its clients, strengthens its market leadership, and lays a strong foundation for sustainable, long-term growth.


This partnership creates a robust infrastructure for the global commercial application of AI in the new energy field. Currently, platform-level AI applications that offer precise solutions for specific industries remain relatively scarce. Across the global AI landscape, most solutions either cater to governments and the military sector, where recurring revenue models have yet to take shape, or are limited to general-purpose personal use, which is lacking in scale. Against this backdrop, DeepGreenX is paving the way for global AI industry applications with its solutions for new energy scenarios. It has adopted the dual-engine model of "AI + Enterprise Apps"—DeepGreenX has amassed a comprehensive AI technology arsenal that encompasses dynamic ontology, big data, Large Language Models (LLMs), Large World Models (LWMs), digital twin technologies, and more; And by leveraging the Group's 175,000-person-strong AI engineer community, which is the largest of its kind globally, DeepGreenX is establishing a matchmaking marketplace for maximizing synergies between numerous sectors and tech talents communities. This approach drives the development of an Enterprise App  ecosystem that generates original apps rapidly and at low cost, providing clients with customized solutions for data monetization, intelligent resource allocation and business operation. With its focus on green initiatiatives and their companion sectors DeepGreenX Group is on track to become the first company to exceed 10 billion USD in annual revenue from commercial AI applications. 


The ADIB-DeepGreenX Agreement will also introduce innovative financial models that can empower new energy projects worldwide with financial services. Today, many high-quality new energy projects are stalled due to a lack of cross-border financial service mechanisms. The Agreement also includes ADIB Holdings’ commitment to providing DeepGreenX Group with a total of $140 billion USD in EPC (Engineering, Procurement, and Construction) financing over the next five and a half years. By employing end-to-end AI-driven risk control, analytics, pricing, and product generation, the two parties aim to create a financing and leasing platform that can fundamentally address the challenges associated with traditional cross-border financings. With a model centered on global equipment financing and leasing, the platform transforms one-time investments into long-term investments, establishing a positive cycle of recurring revenue and asset securitization income. With this model, the project is expected to become a historic benchmark in the global transition to a green economy and the achievement of carbon peaking and carbon neutrality.


Mr. Barclay Knapp, CEO of DeepGreenX Group, commented: “This project could swiftly strengthen collaboration on carbon peaking and carbon neutrality goals between the Global South and Global North. It provides the infrastructural platform for the creative financing of new energy projects, contributing to the realization of humanity’s shared goals. This is, therefore, an important milestone for the global industrial application of AI as well as for new energy financial services. This strategic partnership will herald new and exciting possibilities for accelerating global energy transition and building sustainable energy systems.” 


       Mr. Sam Y. Sun, Chairman of DeepGreenX Group, CEO of ADIB Holdings, and Vice President of Asia Development and Investment Bank, commented that ADIB will join hands with DeepGreenX to advance the widespread adoption of Central Bank Digital Currencies (CBDCs) in energy applications. Through this collaboration, ADIB and DeepGreenX will leverage innovative financial tools for Real-World Asset (RWA) tokenization to help balance global production capacity and foster growth in the green economy.