IPP & ProJect Development

Investing to Develop a Sustainable Future

IPP & Project Development

  • alfanar Global Development is a developer and IPP in the renewable field and across the technologies including PV, CSP, Wind, Grid connected Captive, Biomass, Geothermal, Waste to Energy and IWP in the water sector.

  • At alfanar we understand the necessity of creating a sustainable future that positively impacts the lives of millions, for generations to come. This very commitment has motivated us to go global and be a leader in investing and developing renewable energy projects.
  • As an Independent Power Producer, we develop, construct, operate and maintain utility scale power projects across diversified technologies such as Solar PV, Solar CSP, Wind, Grid connected Captive, Biomass, Hybrid, Energy Storage, Waste to Energy and Independent Water and Power projects.

  • alfanar's strength is in the comprehensive services that it brings across the entire value chain for renewable energy projects around the globe. In addition, to the role of developer of renewable projects, alfanar also provides EPC and O&M services for power and water infrastructure projects. It has already acquired experience of more than $10bn worth of projects globally.
  • With a global renewable development portfolio of 1.4 GW, our renewable energy and water projects has an aggregated value of $2 bn on-going projects under various stages, including development and financial closure.



In-house EPC and Project Management Capabilities

  • alfanar Construction, the in-house division of alfanar is a leading EPC player in the power sector for more than four decades. The division undertakes turnkey EPC contract for conventional and renewable energy power plants including civil, mechanical, electrical, instrumentation works and associated detailed engineering and procurement works. As a market leader in power generation and transmission, alfanar Construction has consistently delivered mega projects on time with strict adherence to quality and project management.

    alfanar Construction's project personnel organize and manage a full range of services necessary to oversee the project planning and project management demands, right from master planning to execution.
    The division plans for every micro stage of the project to provide fast information flow between different phases and close collaboration of multi disciplines of the project.
    alfanar Construction is currently engaged on more than 40 power projects in Europe, Middle East and Asia with an aggregate value of more than $3 bn.

Financial Capabilities

  • The IPP and Project Development division is backed by the $2.1 bn parent organization, alfanar. The IPP division in the past has been successful in raising both debt and equity of more than $1.5 bn to fund the 1.4 GW project portfolio in hand and the identified projects pipeline. The group has sound capital structure, strong balance sheet and uses prudent nancial engineering techniques and risk management practices to identify renewable energy projects for development. In addition to internal accruals, the division has already allocated resources for achieving the target of 3 GW portfolio by 2021 by building an ecosystem of strategic partners and global financial institutions.

Operation & Maintenance

  • Operation and Maintenance are a critical scope in the lifecycle of renewable energy projects especially Solar and Wind. alfanar's edge lies in its inherent strengths and own workshop facility established in Jubail, KSA offering preventive and routine maintenance solutions for electrical, mechanical and rotating equipment, overhaul, repair, rewinding, refurbishment, inspection and testing. With a very strong team of experienced engineers and technicians, alfanar Engineering Services offers professional expertise in testing, pre-commissioning, commissioning and operation and maintenance services.

    alfanar O&M division has worked on more than 250 projects and the capital investment in the division exceeds $25 mn, making it one of the leading solution providers in the region. Once the installation is complete and generating starts, alfanar O&M ensures long-term performance and profitability of the project, providing operations and maintenance services, asset administration, and 24x7/365 monitoring and real-time response from it's operations control center.