Over recent years, Abdul Latif Jameel Energy and Environmental Services has taken strategic steps to build its capabilities in the renewable energy sector. In April 2015, the company completed a 100% acquisition of FRV making it the largest GCC-based solar photovoltaic (PV) developer, and one of the leading solar PV developers in the world. In turn, FRV has become the leading energy business in the Abdul Latif Jameel Energy and Environmental Services portfolio.

The two organizations share a philosophy for thoughtful and sustainable business growth – engaging new strategic partnerships and exploring ventures where tangible possibilities for economic and social development are identified.

This new chapter brings great potential for the future of FRV

  • Extensive access to the Middle East, North Africa and Turkey (MENAT), through one of the region’s most respected names
  • Financial strength and stability for future innovation and investment
  • Opportunities for international expansion into new markets, and for diversification into new solutions within the renewable energy field
  • A joint commitment to the socio-economic development of the MENAT region

Looking Toward Future Horizons

Strategic Partnerships

Abdul Latif Jameel is a diversified business comprised of independent entities with deep roots in the MENAT region.  Strong networks and long-established relationships make Abdul Latif Jameel a powerful partner, opening doors for those who want to do business in the region.

Abdul Latif Jameel businesses represent some of the world’s leading brands, earning their trust and building long-lasting and mutually beneficial relationships.  Their commitment to anticipate and support their partners’ needs has driven their success, for more than seven decades.

Global Reach

Established in 1945, Abdul Latif Jameel has dual headquarters in Jeddah, Saudi Arabia and Dubai, UAE, and currently has operations in more than 30 countries and employs approximately 17,500 people.

Diverse Expertise

Abdul Latif Jameel has diversified businesses across seven major industry sectors:

  • Transportation
    • Passenger Vehicles
    • Commercial Vehicles and Equipment
    • Logistics
  • Engineering and Manufacturing
  • Financial Services
  • Energy and Environmental Services
  • Land and Real Estate
  • Consumer Products
  • Advertising and Media

Committed to Sustainability

Advancing human potential is a business imperative at Abdul Latif Jameel.  From their earliest days, they have pioneered active and positive social change in the local communities they serve – and far beyond, collaborating with globally-renowned institutions such as the Massachusetts Institute of Technology (MIT), and the V&A Museum.

In 2003, they formalized their commitment to social and economic development by creating a dedicated organization, Community Jameel, which focuses on six areas:

  • Job Creation
  • Global Poverty Alleviation
  • Food & Water Security
  • Arts and Culture
  • Education and Training
  • Health and Social

 

To find out more about Abdul Latif Jameel’s community and social initiatives, please visit their website

Marko Kremer

Senior Director, DIF Australia

FRV’s main strength is its ability to develop all processes internally. This provides the knowledge and capacity to anticipate what will happen and explain it clearly.

Javier Esquivias

General Deputy Director, Elecnor

FRV has always been a pioneer. From the first time they came to us 10 years ago, they really made an impact with their vision and La Magascona, which was a project of a huge magnitude at that time.

Fernando Salinas

Country Manager at Central America Region, FRV

Collectively, we have a target to generate an important project pipeline that could help us achieving our company goals in the region.

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