Archives

Shuaiba Expansion Project Company – SEPCO

Runs a reverse osmosis desalination project in Shuaiba, Makkah Province. Developed under the IWP model, it is currently operational, producing 150,000 m³ of desalinated water daily. SWPC is the offtaker.

Shuqaiq Water and Electricity Company – SqWEC

Combined power and water plant, using steam turbines for power generation, and Multi-Stage Flash Distillation (MSF) for water desalination. Located in Al-Shuqaiq, Jazan. Developed under the IWP model, it is currently operational, producing. 850 MW of power and 212,000 m³ of desalinated water daily, with SWPC and SPPC as offtakers.

Jubail Water and Power Company – JWAP

Combined power and water plant, Combined Cycle Gas Turbine power plant (CCGT) for power generation, and Multi-Stage Flash Distillation (MSF) for water desalination. Located in Jubail, Eastern Province. Developed under the IWPP model, it is fully currently operational, delivering 2,744 MW of power and 800,000 m³ of desalinated water per day with SWPC and SPPC as offtakers.

Shuaibah Three Water Desalination – STWD

Reverse osmosis desalination plant in Shuaiba, Makkah Province, developed under the IWP model with a 25-year contract, the facility will produces 600,000 m³ of water per day, with SWPC as the offtaker. Financial close was in October 2022, and it is expected to become operational by May 2025.

Sudair One Renewable Company – Sudair

Solar PV project in Sudair, Riyadh Province, developed under the IPP model with a 35-year contract. The project produces 1,500 MW of power. SPPC is the offtaker. Financial close was achieved in April 2021 and operations began in October 2024.

 

Shuaibah for Energy Company – ASB1

Solar PV project in Shuaiba, Makkah Province, under the IPP model with a 35-year contract. The project produces 600 MW of power. SPPC is the offtaker. Financial close was achieved in February 2023, and operations began in February 2025.

Shuaibah for Electric Energy Company – ASB 2

Solar PV project in Shuaiba, Makkah Province, under the IPP model with a 35-year contract. The facility produces 2,031 MW of power, with SPPC as the offtaker. Financial close was achieved in February 2023, and operations began in November 2025.

Ar Rass Solar Energy Company – ARSEC

Solar PV plant in Ar Rass, Qassim Province, under the IPP model with a 25-year contract. The project produces 700 MW of power, with SPPC as the offtaker. Financial close was achieved in December 2022, and operations began in November 2024.

Layla Solar Energy Company – LSEC

Solar PV project in Aflaj Governorate, Riyadh Province, under the IPP model with a 30-year contract. The plant produces 91 MW of power, with SPPC as the offtaker. Financial close was achieved in June 2023, and operations began in November 2024.

Saad Two Renewable Energy Company – Saad 2

Solar PV project in Saad, Riyadh Province, under the IPP model with a 35-year contract. The project produces 1,125 MW of power, with SPPC as the offtaker. Financial close was achieved in July 2023, and operations began in September 2025.