Welcome to the Water and Electricity Holding Company (“Badeel”), Transitioning towards a Sustainable Future

Badeel in numbers

Investing in The Kingdom of Saudi Arabia’s Renewable Future

Badeel is an anchor investor in Public Investment Fund mandate to develop 70% of National Renewable Energy Program (NREP) led and supervised by the Ministry of Energy and meet the Kingdom's 2030 targets of Renewable Energy.
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Title

Total Power & Water Projects
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billion
The Value of the Investment Portfolio
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.9 GW
Renewable Energy Capacity
Our Portfolio

Featured Projects

Our Recent News

May 27, 2025
The Kingdom of Saudi Arabia Advances Renewable Energy Goals with 5.5 GW Solar Projects Backed by SAR 12.3 billion Investment
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Leading the Way to Tomorrow

Message from the Chairman

At Badeel, our vision extends beyond the present, actively shaping Kingdom of Saudi Arabia’s sustainable future. Established in 2009 by the Public Investment Fund (PIF), we proudly embrace the responsibility of pioneering water and Renewable Energy solutions aligned with the Kingdom’s ambitious Vision 2030.

Supported by PIF’s strategic guidance, our investments in Renewable Energy and advanced infrastructure address today’s challenges and set new benchmarks for tomorrow. Through collaboration with our strategic partners and government stakeholders, our investments drive changes and progress across the energy sector and The Kingdom of Saudi Arabia’s economy, uplifting communities and safeguarding the environment.

As we advance, Badeel remains committed to its partnerships with The Kingdom of Saudi Arabia’s local champions and government stakeholders, and with the support of PIF, ensuring our shared vision continues to make Kingdom of Saudi Arabia’s future cleaner, brighter, and more prosperous.

Ayman Elariss

Chairman, Badeel
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