Middle East Business
Mubbadrah leads a $3 billion consortium planning a 400MW AI data centre in Oman
By Staff Writer | 27 October 2026
The Omani investment group and three partners plan a campus in Salalah that would draw on the national grid, 400MW of new solar capacity and battery storage.
Mubbadrah Investment is leading a consortium of Omani and international companies that plans to build a $3 billion artificial intelligence data centre in Oman, with a planned capacity of up to 400 megawatts and room to expand. The project was announced at a signing ceremony in London.
Mubbadrah's partners are Sustopia Capital, Vela Tech and O2 Global Energy. According to the announcement, Sustopia Capital and Vela Tech are developing, designing and building about 20 gigawatts of AI data centre capacity around the world. The ceremony was attended by Nasser bin Khamis Al Jashmi, chairman of the Oman Tax Authority, and Liane Saunders, the UK Ambassador to Oman.
A campus in Salalah
The campus is planned for Salalah and is designed for hyperscale operators running large AI training and inference workloads. Yasser Albarami, chief executive of Mubbadrah Investment, has since set out that the $3 billion would pay for the core of the facility: the buildings, the electricity infrastructure, cooling systems and connections to the power grid and fibre networks. Customers would normally bring their own servers and specialised chips.
He pointed to Salalah's submarine cable links, its port, airport and free zone, and its renewable energy potential as the reasons for choosing the city. The facility would take power from the national grid, and O2 Global Energy will develop 400 megawatts of solar generation with battery storage to supply additional clean energy to the campus.
Oman has the stability, the strategic location and the energy resources to become a regional home for AI infrastructure, and we are delighted to bring together partners with the capital, technology and experience to make that happen, creating lasting value and opportunities for Oman and its people.
Yasser Albarami, Chief Executive Officer, Mubbadrah Investment
A customer in view
The announcement said Crusoe, the US AI infrastructure company, had expressed interest in becoming an off-taker for the campus's capacity, and that the consortium expected to sign a confirmation of that interest in the coming weeks. Mubbadrah describes itself as an Omani investment group with more than 20 companies across oil and gas, hospitality, healthcare and other sectors.
Albarami said Omani businesses would find work in engineering, network operations, cooling, maintenance and technical services, with job numbers to be settled as the studies and plans for each phase are completed.
This is the second large AI data centre proposal for Salalah in a week. The next steps that matter to the construction market are the financing commitments, the power supply agreements and a construction programme. Those will decide when design and build packages for the buildings, the electrical plant and the cooling systems come to market.