GFH Bank Closes $63 Million Power Systems Fund
The Sharia-compliant investment vehicle focuses on infrastructure and electrical engineering companies.
Updated on Oct. 26, 2026 in Openings & Closings
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GFH Bank has successfully closed a $63 million investment fund titled the Power Systems Opportunities Fund. This Sharia-compliant capital pool is designated for strategic investments in international power infrastructure and electrical engineering sectors.
Why it matters
The fund highlights the bank's continued focus on backing vital infrastructure components and high-voltage engineering services globally. By targeting specific industrial firms, the move aims to expand the portfolio footprint of a financial institution managing over $25 billion in total assets.
The Power Systems Opportunities Fund totals $63 million in capital. It complements the broader reach of GFH Bank, which currently manages more than $25 billion in total assets and investment funds.
The players
GFH Bank
Headquartered in Bahrain, this financial group manages a diversified portfolio of over $25 billion in assets.
MacLean Power Systems
Based in Fort Mill, South Carolina, this company produces specialized infrastructure components for electricity transmission and distribution.
H&MV Engineering
Headquartered in Limerick, Ireland, this firm provides high-voltage electrical engineering services and operates 20 offices globally.
The details
The fund directs investment into South Carolina-based MacLean Power Systems, a manufacturer of transmission components that merged with Power Grid Components in 2026, and the Irish firm H&MV Engineering. Investments are facilitated through external structures, including a co-investment vehicle by Pathway Capital Management and SQ Capital.
Timeline
MacLean Power Systems was founded in 1986.
H&MV Engineering was founded in 1997.
GFH Bank was founded in 1999.
MacLean Power Systems merged with Power Grid Components in March 2026.
GFH Bank announced the fund closure on October 15, 2026.
Market Landscape
This fund launch reflects a broader trend of private capital targeting essential grid infrastructure as global power demands rise. The deal follows the structural requirements set by Sharia-compliant financial protocols to integrate ethical investing into industrial growth sectors.
While the fund closure primarily serves institutional goals, it signals increased capital support for the manufacturers and engineering firms that build modern power grids. Customers of these companies may see sustained or expanded production capacity as a result of this influx of private funding.
The takeaway
Investment funds play a crucial role in providing the capital necessary to upgrade aging electrical infrastructure worldwide. Investors looking at similar sectors should monitor how specialized funds allocate capital to firms operating across international borders.
Further reading
Learn more about corporate developments in the Openings & Closings section.
Source note: This article includes information reported by Dubaibeat.
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