In parallel with investing in power distribution, Kingdom for Energy Investments Company has recently developed an interest in power generation companies as part of its growth and expansion strategy. KEC invests in renewable energy and conventional power plants in different parts of the kingdom, contributing to a healthy balance of the country’s energy mix.
KEC has a stake in the exceptional growth Jordan is recording in renewable energy as part of its responsibility to support disruptive technologies and providing affordable, secure and clean energy to users. KEC has invested in four major Solar Photovoltaic projects with a cumulative capacity of 50 MW.
In addition to investing in renewable energy, KEC invested in conventional low-carbon power generation plant. KEC acquired shares in Mahatat Al Zarqa Le Tawleed Al Takah Al Kahrabaieyah, a combined cycle gas (CCGT) power plant.
KEC acquired 30% of Hosha for Energy Generatrion to help the government meet the increasing demand for electricity in Jordan
Al Zanbaq for Energy Generation PSC was established to develop,construct, and operate a 10 MW solar Photovoltaic
As part of Jordan’s first phase of a total of 12 planned solar power plants, Al Ward Al Joury for Energy Generation PSC developed and built 10 MW of solar Photovoltaics.
Zahrat Al Salam won a 20-year contract in the first round of direct renewable energy proposals with the Ministry of Energy and Mineral Resources
In 2017, Kingdom for Energy Investments Company has acquired shares in Mahatat Al Zarqa Le Tawleed Al Takah Al Kahrabaieyah