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Established in 2016 as a subsidiary of Nesma Company, Nesma Renewable Energy (NRE) is a Saudi Arabian developer and equity investor specializing in greenfield renewable energy projects, particularly solar PV and onshore wind. The company supports Saudi Arabia's Vision 2030 by transitioning to a lower-carbon future through project sourcing, development, commercial structuring, and long-term investment. NRE's portfolio includes major projects such as the Dumat Al Jandal wind farm and Jeddah solar plant, and it has recently integrated with Nesma's water business to form a broader public-private partnership (PPP) utility business focused on energy transition and water infrastructure.