VENICE, Italy (AP) — Hundreds of protesters marched through Venice's central streets on Saturday to say “No” to billionaire Jeff Bezos, his bride and their much-awaited wedding extravaganza, which reached its third and final day amid celebrity-crowded parties and the outcries of tired residents.
On Friday, the world’s fourth-richest man and his bride Lauren Sanchez Bezos tied the knot during a private ceremony with around 200 celebrity guests on the secluded island of San Giorgio.
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Security gather in front of the Venice Arsenale in Venice, Italy, Saturday, June 28, 2025. (AP Photo/Luca Bruno)
Activists stage a protest on the Rialto Bridge in Venice, Italy, Saturday, June 28, 2025, denouncing the three-day celebrations for the wedding between Jeff Bezos and his wife Lauren Sanchez Bezos that took place in Venice on Friday as a symbol of rising inequality and disregard for the city's residents. (AP Photo/Luca Bruno)
Lauren Sanchez Bezos and Jeff Bezos leave Harry's Bar in Venice, Italy, Saturday, June 28, 2025, the day after their wedding. (AP Photo/Luca Bruno)
Activists stage a protest in Venice, Italy, Saturday, June 28, 2025, denouncing the three-day celebrations for the wedding between Jeff Bezos and his wife Lauren Sanchez Bezos that took place in Venice on Friday as a symbol of rising inequality and disregard for the city's residents. (AP Photo/Antonio Calanni)
Activists stage a protest in Venice, Italy, Saturday, June 28, 2025, denouncing the three-day celebrations for the wedding between Jeff Bezos and his wife Lauren Sanchez Bezos that took place in Venice on Friday as a symbol of rising inequality and disregard for the city's residents. (AP Photo/Antonio Calanni)
The wedding, however, angered many Venetians, with some activists protesting it as an exploitation of the city by the billionaire Bezos, while ordinary residents suffer from overtourism, high housing costs and the constant threat of climate-induced flooding.
As the two newlyweds prepared for the final party Saturday evening, hundreds of Venetians and protesters from across Italy filled Venice's tiny streets with colorful banners reading “Kisses Yes, Bezos No” and “No Bezos, no War.” Venice has around 50,000 residents.
The demonstration contrasted with the expensive wedding bonanza, seen by critics as an affront to the lagoon city’s fragile environment and its citizens, overwhelmed by throngs of tourists.
“We are here to continue ruining the plans of these rich people, who accumulate money by exploiting many other people … while the conditions of this city remain precarious,” said Martina Vergnano, one of the demonstrators.
The protest organizers claimed that their planned protest had forced the relocation of Saturday’s party from a supposed initial location to a former medieval shipyard, the Arsenale.
Bezos donated 1 million euros ($1.17 million) each to three environmental research organizations working to preserve Venice, according to Corila, the Venetian environmental research association.
But many protesters blasted the move as a clear attempt to appease angry residents.
“We want a free Venice, which is finally dedicated to its citizens. … Those donations are just a misery and only aimed at clearing Bezos’ conscience,” said Flavio Cogo, a Venetian activist who joined Saturday’s protest.
Details of the exclusive wedding ceremony Friday night were a closely guarded secret, until Sánchez Bezos posted to Instagram a photo of herself beaming in a white gown as she stood alongside a tuxedo-clad Bezos.
Athletes, celebrities, influencers and business leaders converged to revel in extravagance that was as much a testament to the couple’s love as to their extraordinary wealth.
The star-studded guest list included Oprah Winfrey and NFL great Tom Brady, along with Hollywood stars Leonardo Di Caprio and Orlando Bloom, tech entrepreneur and philanthropist Bill Gates and top socialites, including the Kardashian-Jenner clan.
Ivanka Trump, her husband Jared Kushner and their three children also joined the celebrations.
The bride and groom stayed at the Aman Venice hotel on the Grand Canal, where Bezos posed for photos and Sanchez Bezos blew kisses to the press.
“The planet is burning but don’t worry, here’s the list of the 27 dresses of Lauren Sánchez,” read one protest slogan, a reference to the bride’s reported wedding weekend wardrobe. It featured a mermaid-lined wedding gown by Dolce & Gabbana and other Dolce Vita-inspired looks by Italian designers, including Schiaparelli and Bottega Veneta.
The city administration has strongly defended the nuptials as in keeping with Venice’s tradition as an open city that has welcomed popes, emperors and ordinary visitors alike for centuries.
Zampano reported from Rome. Associated Press journalist Niccolò Lupone in Venice contributed to this report.
Security gather in front of the Venice Arsenale in Venice, Italy, Saturday, June 28, 2025. (AP Photo/Luca Bruno)
Activists stage a protest on the Rialto Bridge in Venice, Italy, Saturday, June 28, 2025, denouncing the three-day celebrations for the wedding between Jeff Bezos and his wife Lauren Sanchez Bezos that took place in Venice on Friday as a symbol of rising inequality and disregard for the city's residents. (AP Photo/Luca Bruno)
Lauren Sanchez Bezos and Jeff Bezos leave Harry's Bar in Venice, Italy, Saturday, June 28, 2025, the day after their wedding. (AP Photo/Luca Bruno)
Activists stage a protest in Venice, Italy, Saturday, June 28, 2025, denouncing the three-day celebrations for the wedding between Jeff Bezos and his wife Lauren Sanchez Bezos that took place in Venice on Friday as a symbol of rising inequality and disregard for the city's residents. (AP Photo/Antonio Calanni)
Activists stage a protest in Venice, Italy, Saturday, June 28, 2025, denouncing the three-day celebrations for the wedding between Jeff Bezos and his wife Lauren Sanchez Bezos that took place in Venice on Friday as a symbol of rising inequality and disregard for the city's residents. (AP Photo/Antonio Calanni)
RIYADH, Saudi Arabia--(BUSINESS WIRE)--Jan 12, 2026--
Nextpower (Nasdaq: NXT, formerly Nextracker) and Abunayyan Holding today announced the completion of the incorporation of the previously announced joint venture, Nextpower Arabia, headquartered in Riyadh, Kingdom of Saudi Arabia. The new joint venture will accelerate the deployment of utility-scale solar power plants across the Middle East and North Africa (MENA) region, supporting national and regional renewable energy transformation objectives and Net Zero targets.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260111848469/en/
As part of the new joint venture, the partners also announced a new advanced manufacturing facility in Jeddah, Saudi Arabia. Nextpower Arabia will provide advanced tracker systems, yield management, and control solutions for installation on large-scale solar projects across the MENA region.
The facility is expected to enable total manufacturing and localized supply chain capacity of up to 12 GW per year, supporting the creation of up to 2,000 jobs and development of local engineering and technical talent within the Kingdom. Currently under construction on a 42,000-square-meter site, the production facility is anticipated to open in Q2 of calendar year 2026 and will manufacture Nextpower’s comprehensive portfolio of solar tracking systems, adding up to 600 employees ( watch the video ).
Khalid Abunayyan, Chairman of Abunayyan Holding, said, “Making energy and water supply readily accessible, sustainable, and affordable is essential to the continued economic and social development of Saudi Arabia and our partners across the region. It is also central to the core values and DNA of Abunayyan Holding. Partnering with Nextpower, a true pioneer in the international solar energy community, strengthens our role in advancing Saudi’s clean energy vision by localizing advanced manufacturing and technologies, building local capacity development, and creating lasting value for generations to come.”
Dan Shugar, founder and CEO of Nextpower, said, “Saudi Arabia is a strategic market for Nextpower as we expand our ability to serve customers across the Middle East. The Kingdom is making significant progress in advancing the energy transition, and we’re proud and honored to support these monumental initiatives with proven solar technology and trusted local partnerships. Abunayyan Group’s regional expertise and alignment with our business focus make them the right partner to help deliver greater value, faster, for customers in the region.”
Turki Al-Amri, Abunayyan Holding CEO and Nextpower Arabia Chairman and CEO, said, “Our manufacturing facility represents the first step in our strategic vision to strengthen and localize the solar supply chain for our partners across the MENA region and enhance collaboration to deliver highly efficient and cost-effective clean energy. By sourcing core materials such as Saudi-produced steel through our strategic partners and manufacturing locally, we are supporting economic diversification and industrial growth that is at the foundation of Saudi Vision 2030.”
Nextpower Arabia combines the deep regional expertise of Riyadh-based Abunayyan Holding with the global solar technology leadership of Nextpower. Abunayyan Holding brings more than 75 years of experience developing and privatizing the operation of critical water and energy infrastructure across Saudi and the MENA region. The company was a key driver of the consortium behind the founding and growth of several development arms and forming joint ventures that bring leading technology to the region.
U.S.-headquartered Nextpower is a global leader in advanced solar tracking systems and software, with over 150 GW of trackers under fulfilment or operational across more than 45 countries worldwide. This total includes more than 6 GW of solar projects across the Middle East and Africa, such as Phase V of the Mohammed Bin Rashid Al Maktoum Solar Park in the UAE and 3 GW of Saudi landmark projects, including:
Nextpower Arabia is well positioned to support the National Renewable Energy Program in the Kingdom of Saudi Arabia, which targets increasing the share of renewables in the country’s energy mix by 2030. Localizing manufacturing in the Kingdom will also support Saudi Arabia’s industrialization and export development plans while helping reduce the cost of clean energy for major projects across the region.
According to the Middle East Solar Industry Association’s (MESIA) recent 2025 Solar Outlook Report, cost competitiveness and improving production efficiencies are accelerating solar adoption and government-backed clean energy strategies, with regional solar capacity projected to exceed 180 GW by 2030.
In support of this growth opportunity, Abunayyan Holding and Nextpower anticipate funding the joint venture with approximately $88 million (approximately 330 million Saudi Riyals) in equity and public and private debt financings over the next two years alone. This capital will facilitate the buildout of the state-of-the-art manufacturing facility and development of highly skilled technical and engineering capabilities with a track record in operational excellence.
About Nextpower
Nextpower™ (Nasdaq: NXT, formerly Nextracker) designs, engineers, and delivers an advanced energy technology platform for solar power plants, innovating across structural, electrical, and digital domains. Our integrated solutions are designed to streamline project execution, increase energy yield and long-term reliability, and enhance customer ROI. Building on over a decade of technology and market leadership, the company delivers intelligent power generation systems and services to meet rapidly expanding global electricity demand. Nextpower partners with the world’s leading energy companies to power what’s next. Learn more at www.nextpower.com.
About Abunayyan Holding
Abunayyan Holding is one of Saudi Arabia’s most established and leading companies in the fields of water, energy, and infrastructure. With a legacy spanning more than 75 years of leadership and innovation, the company provides integrated solutions that contribute to sustaining life and supporting the Kingdom’s national development goals.
The Group comprises a portfolio of strategic subsidiaries covering the full value chain across water, renewable energy, treatment, industrial equipment, and smart infrastructure, serving both local and regional markets in Saudi Arabia and the broader Middle East and North Africa region.
Through its local and international partnerships, Abunayyan Holding plays a key role in localizing technologies and empowering national talent in alignment with the objectives of Saudi Vision 2030 to build a prosperous, sustainable, and innovation-driven economy.
For more information, please visit Abunayyan Holding.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including: statements regarding the deployment of utility-scale solar power plants in MENA and the ability to reach renewable energy objectives, including Net Zero targets; statements regarding the speed, cost efficiency and supply-chain optimization anticipated from the joint venture; statements regarding the development of manufacturing facilities and the benefits associated with such development, including capacity increases and job creation; and statements regarding the anticipated benefits of the joint venture, and future opportunities for the joint venture, including the benefits customers may realize as a result of the joint venture. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including: the satisfaction of other closing conditions and the ability of Nextpower to successfully integrate operations and employees in the joint venture; the market demand for products, solutions and services offered by the joint venture and the joint venture’s ability to deliver them to customers; the risks of operating in the Kingdom and the MENA region; unexpected costs, charges or expenses resulting from the joint venture; the joint venture’s ability to successfully grow its business; potential adverse reactions or changes to business relationships resulting from the announcement or completion of the joint venture; the retention of key employees, customers, or suppliers; projections regarding the global demand for electricity and solar power; macro-economic trends; and legislative, regulatory and economic developments, including changing business conditions in our industry or markets overall and the economy in general. These statements involve risks and uncertainties that could cause the actual results to differ materially from those anticipated by these forward-looking statements, including risks and uncertainties that are also described under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Nextpower’s most recent Quarterly Report on Form 10-Q, Annual Report on Form 10-K and other documents that Nextpower has filed or will file with the Securities and Exchange Commission. There may be additional risks that Nextpower and/or the joint venture is not aware of or that Nextpower and/or the joint venture currently believes are immaterial that could also cause actual results to differ from these forward-
looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Nextpower and the joint venture assume no obligation to update these forward-looking statements.
Energy Leaders Abunayyan Holding and Nextpower Complete Formation of Joint Venture, Nextpower Arabia
