Hong Kong-based private equity firm Templewater is teaming up with Middle Eastern countries to capitalize on energy transition programs and deliver investment returns. Collaborating with the Future Fund Oman, the firm aims to focus on energy transition and localization opportunities, aligning with the region's net-zero emission and economic diversification goals. Wisdom Motor, a majority-owned subsidiary of Templewater, plans to expand its zero-emission commercial vehicle operations in GCC countries. The company has signed agreements with the Oman Investment Authority and aims to offer custom hydrogen-powered vehicles in the UAE. The partnership intends to contribute to the region's decarbonization strategy by targeting sectors such as tourism, manufacturing, green energy, technology, ports, logistics, mining, fisheries, and agriculture for investment opportunities.