Saudi Independent Power and Water Plant Development Company

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A development company specialized in the independent water and power plant (IWPP) model.

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About the Company

The company specializes in developing independent water and power plants (IWPP) under a private-sector financing model that eases the burden on the government budget, where the company builds and operates the plant and sells production to government entities under guaranteed, long-term purchase agreements.

This model targets vendors capable of participating in massive co-financed projects, alongside vendors of equipment and specialized technical services, and is one of the most successful models in the Saudi energy sector over the past two decades.

15+

independent power plants developed by the company

20+

average duration of purchase agreements, years

Private and government

the co-financing model

Independent plantsCo-financingPower purchase agreementsPrivate investment

Qualification Requirements

Vendor qualification conditions

Qualification for massive co-financed projects
Demonstrating financial capacity to participate in major IWPP projects.
Experience with build-operate-transfer models
Track record with comparable independent power-project financing models.
Ability to manage long-term contracts
Readiness to manage and operate plants under contracts extending twenty years.

How It Works

From first file to approval

An orderly process — each step builds on the last and unlocks the next.

Assess company readiness

We review your company's current standing and identify the right entities for its activity before any next step.

Review documentation

We verify your documents are complete and valid against the latest requirements.

Prepare requirements

We prepare each entity's requirements precisely, in line with the latest approved conditions.

Submit the application

We submit the application through each target entity's official portal.

Follow up with the entity

We follow up continuously until every requirement is met.

Obtain approval

We confirm activation and continue managing and renewing your file automatically.

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