Wadie Habboush, an American entrepreneur and investor, envisions a future where clean, reliable, and sustainable energy solutions are paramount. As the CEO of ENTRA1, an investment and development platform, he focuses on opportunities driven by decarbonization, the energy transition, and sustainable infrastructure.
Habboush’s strategy emphasizes the deployment of clean baseload power to meet the growing demands of advanced technologies, such as artificial intelligence. His background includes practicing law at Kirkland & Ellis and managing international power assets with Goldman Sachs, experiences that have shaped his approach to integrating traditional power systems with emerging technologies.
In line with his vision, Habboush has formed strategic alliances to advance clean energy initiatives. Notably, in 2022, NuScale Power and Habboush Group established a partnership to create a “one-stop-shop” for the financing, development, and management of nuclear power projects utilizing NuScale’s small modular reactor (SMR) technology. This collaboration aims to provide scalable and safe nuclear energy solutions to meet global energy demands.
Habboush also recognizes the potential of cross-border energy collaborations, particularly between countries like Turkey and Iraq. He believes that leveraging Iraq’s abundant natural resources can significantly contribute to meeting Turkey’s energy needs, fostering economic growth and regional cooperation.
Through these initiatives, Wadie Habboush demonstrates a commitment to advancing the global energy transition by integrating innovative technologies and fostering international partnerships.