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A leader in Saudi Arabia’s energy sector
ENGIE has appointed Turki Al Shehri to be its new Chief Executive Officer in the Kingdom of Saudi Arabia (KSA). Al Shehri will lead ENGIE’s efforts to grow its presence in the Kingdom and bolster its portfolio of investments, partnerships and customer solutions, as one of the leading French investors in Saudi Arabia.
Al Shehri brings with him a wealth of experience, having previously held numerous strategic roles including the Head of Renewable Energy Project Development Office (REPDO) in the Ministry of Energy, and the Head of Power Investment at Saudi Aramco.
“I am delighted to join ENGIE and take on new challenges and opportunities to further grow our business in Saudi Arabia. I have watched ENGIE grow across the region to become the market leader it is today and am truly excited to be leading this team in Saudi Arabia as we continue to build a stronger portfolio in line with the Kingdom’s Vision 2030,” Al Shehri commented.
ENGIE in Saudi Arabia
ENGIE is active in the KSA through three businesses: Power generation, water desalination, and energy services.
As ENGIE’s KSA CEO, Al Shehri will work closely with the 3 businesses lines, in particular with ENGIE’s customer solutions entities in KSA including Engie Cofely, ENGIE Energy Services Saudi, Cofely AXIMA, ENDEL and Tractebel.
Sébastien Arbola, CEO ENGIE Middle East, South & Central Asia and Turkey (MESCAT), commented, “We are delighted to welcome Turki to the ENGIE group. His knowledge of the Saudi market is invaluable as we seek to invest further in the Kingdom. He is a passionate leader in the energy sector, and we are confident that he will greatly contribute towards our growth in Saudi Arabia”.
Al Shehri is a graduate from the University of South Florida holding a B.Sc. in Electrical Engineering.
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About ENGIE MESCAT
ENGIE Middle East, South & Central Asia and Turkey (MESCAT) has a regional presence of almost 30 years. ENGIE is the regional leading independent power & water producer with a gross capacity of 32 GW of power and 5.5 million m3/day of water. The portfolio includes 810 MWp of solar PV and 280 MW wind in India. In Turkey, ENGIE has 370,000 customers in gas distribution via IZGAZ and is active in energy retail, trading and origination. ENGIE owns 40% of Tabreed, the regional leader in district cooling, which is a key regional development platform. The Group is also a GCC’s leading Facility Management provider via ENGIE Cofely.
In KSA, the Group co-owns and operates four facilities producing 6 GW of power and 176 MIGD of desalinated water.
About ENGIE
Our group is a global reference in low-carbon energy and services. In response to the urgency of climate change, our ambition is to become the world leader in the zero-carbon transition of our customers, in particular businesses and local authorities. We rely on our key businesses (renewable energy, gas, services) to offer competitive turnkey solutions "as a service".
With our 160,000 employees, our customers, partners and stakeholders, we are a community of Imaginative Builders, committed every day to more harmonious progress.
Turnover in 2018: 60.6 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).
Press contact:
Majda Soussi
ENGIE Middle East, South & Central Asia and Turkey
External Communication and Media Relations Manager
majda.soussi@engie.com
Ruth Killen
THC (On behalf of ENGIE MESCAT)
ruth.killen@thc.xyz
+971 502432605
ENGIE_MESCAT
ENGIE Middle-East, South & Central Asia and Turkey
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