Algihaz
Algihaz Holding
Riyadh, Saudi Arabia
About
Founded in 1975, Algihaz is a private headquartered in Riyadh, Saudi Arabia with approximately 1000-5000 employees specializing in Solar, Wind.
Founded in 1975 by Saeed Ali Al-Angari, Algihaz evolved from a construction contracting company to a multi-billion SAR strategic investment group. The company operates across construction, energy infrastructure, renewable energy, technology, healthcare, and real estate sectors. Key renewable energy investments include a 30% stake in Saudi Arabia's first utility-scale solar project (Sakaka PV, in partnership with ACWA Power) and development of Layla solar plant with 10MW capacity. The company also invests in wind energy projects including Winch Energy and Syvash Wind Farm in Ukraine. Algihaz is committed to Saudi Vision 2030 and emphasizes ESG principles in investment decision-making and asset management.
Headquarters
Riyadh, Saudi Arabia
Founded
1975
Employees
1000-5000
Company Type
Private
Annual Revenue
$500M-$1B