Company NewsDevelopingAI
Hubco Acquires 330MW Wind Farm Portfolio in Sindh, Largest Private Deal of 2026
Hubco has acquired a 330MW wind farm portfolio in Jhimpir, Sindh — the largest private power deal of 2026, lifting its renewables share to 15%.
PowerPost AI Bureau4 min read0 views
Hub Power Company (Hubco) has acquired a 330MW operational wind farm portfolio in Jhimpir, Sindh, in what industry observers are calling the largest private power transaction of 2026.
Deal details
The portfolio comprises four operational wind projects sold by a consortium of Gulf-based developers. Financial terms were not disclosed but local press estimates the enterprise value at over USD 280 million.
Strategic context
- Hubco's renewables share rises from 6% to 15% of total capacity
- Acquired tariffs are locked under existing NEPRA-approved PPAs
- Expected EBITDA accretion of PKR 4.2bn annually
Frequently Asked
Questions about this story
Where are the acquired wind farms located?
All four projects are operational sites in the Jhimpir wind corridor in Sindh.Does the deal change Hubco's energy mix?
Hubco's renewables share will rise from approximately 6% to 15% of total installed capacity following the acquisition.Will the tariffs on these projects change?
No — the wind farms operate under existing NEPRA-approved Power Purchase Agreements (PPAs) at fixed tariffs.What is the financial impact for Hubco shareholders?
Hubco has guided for PKR 4.2 billion in incremental annual EBITDA from the portfolio, though full year-one contribution depends on closing timing.Are more renewable acquisitions expected?
Yes — Hubco has publicly stated it is evaluating additional wind and solar opportunities to grow its renewable share further.
Tags
#Hubco#Wind#Renewables#M&A#Sindh#Pakistan Power