NESMA RENEWABLE ENERGY
A subsidiary of Nesma Company
A brief overview
Established in 2016 as part of Nesma Company – Nesma Renewable Energy (NRE) is Nesma’s primary vehicle for delivering green initiatives in the Kingdom of Saudi Arabia’s Vision 2030 transformation program.
NRE is helping the Kingdom transition to a lower-carbon, sustainable future with the use of renewable energy technologies such as solar PV and onshore wind.
NRE’s core strength lies in the development of, and investment in, renewable energy assets. Our success to-date is based on structuring projects to minimise the cost of output electricity, whilst also delivering investor returns in a ‘risk-aware’ manner.
Our projects are optimised financially, technically and operationally and we take a long-term investment approach. We aim to continue following this recipe.
focus sectors
Utility Scale
Industrial &
Commercial
Energy Storage
Green Hydrogen
key technologies
Solar PV
Onshore / Offshore
Wind
Energy from Waste
Geothermal
Key Geographics
Saudi Arabia
Other GCC
Central Asia
North Africa
OUR CAPABILITIES
Project Sourcing & Development
Commercial
Structuring
Financing &
Investment
Construction
Management, O&M
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