Ownership

Vision International Investment (“Vision Invest”)

Vision Invest, formerly ACWA Holding, is a leading Saudi Arabian development and investment holding company at the forefront of Public and Private Sector Partnerships in the Kingdom of Saudi Arabia, the Gulf Cooperation Council and beyond. Since 2002, Vision Invest has nurtured synergetic partnerships with leading local, regional, and global partners and refined a boutique investment model to deliver sustainable value to clients through impact investments. Vision Invest, together with its clients and partners, has built and developed a diverse portfolio of holdings across a wide range of vital sectors, including power generation, water desalination, industrial gases, logistics, transportation, district cooling, wastewater treatment, energy efficiency and social infrastructure.

Tabreed

Tabreed, a UAE public joint stock company, is one of the world’s largest district cooling utility providers and the Gulf region’s Utility leader. Based in the UAE, the company provides district cooling services throughout the GCC countries with offices in Dubai, Abu Dhabi, Ras Al Khaimah, Doha, Manama, Khobar and Muscat. Since its establishment in 1998 Tabreed has built a vast network of 86 District Cooling plants across the Gulf Cooperation Council (GCC) region and cemented its position as the benchmark for excellence in innovative, reliable, cost efficient cooling standards. The company has formed multiple joint venture companies in partnership with regional and local main players. Tabreed operates 84 district cooling plants and together with its subsidiaries owns approximately 1.203 million refrigeration tons of capacity in the GCC.

IDB Infrastructure Fund II

Key investors in the IDB Infrastructure Fund II include the Islamic Development Bank, KSA (“IDB”), the Public Investment Fund of Saudi Arabia (“PIF”), the Public Pension Agency of Saudi Arabia (“PPA”), and the governments of Bahrain and Brunei. The Fund has sizable investments in infrastructure projects in the GCC countries as well as in several South Asian countries, and specializes in core infrastructure sectors of energy, power, telecommunications, utilities, water and waste, natural resources, transportation and infrastructure. The Fund includes investment in oil and gas, refinery and petrochemicals, steel and aluminum, mining, logistics and an allocation for social infrastructure (healthcare and education), and financial services.

Almutlaq Group

Al Mutlaq Group is a closed joint stock company registered in Riyadh, Saudi Arabia. It has established and maintained a distinguished name in every field; which is illustrated through the highest quality of product, service and business for over 60 years. Al Mutlaq Group has consistently maintained a successful evolution and is now involved in manufacturing, electro-mechanical engineering, real estate, utilities and financial investment through strategic stakes and local & international investments.