Tarshid is the National Energy Services Company, recently established by the Public Investment Fund to catalyze the development of a more energy efficient Saudi Arabia. The launch of Tarshid is a result of a collaborative effort between the Ministry of Energy, Ministry of Finance and, the Saudi Energy Efficiency Center.Tarshid aims to be a pioneer in the energy efficiency field and to build towards a more sustainable future. Tarshid has a mandate to develop, fund and manage impactful energy efficiency projects in government and commercial sectors that achieve significant energy savings for the Kingdom

Vision & Mission

  • Vision: To be the leading energy services company in the Kingdom
  • Mission
    • Serving the Kingdom’s strategic sustainability goal of achieving significant energy savings, without placing any burden on the government’s budget
    • Stimulating the development of a thriving Energy Efficiency industry in the Kingdom


Board of Directors

Tarshid is governed by a Board of Directors consisting of experienced leaders who draw on extensive knowledge in the field of power generation, renewable energy and corporate development

Board committees

The oversight of the Board is delegated to three bodies responsible for running Tarshid’s businesses and delivering on its corporate strategy


Our shareholder

Tarshid is fully owned by the Public Investment Fund, The Kingdom of Saudi Arabia’s sovereign wealth fund.


About the Public Investment Fund

The Public Investment Fund seeks to become one of the largest sovereign wealth funds in the world. To achieve this, the Fund is building a world-class, diversified portfolio through investments in attractive, long-term opportunities at both the domestic and international level. For more than 46 years, the Fund has been a leading economic player and has contributed to the development of national investment entities constituting the foundation for overall development, while contributing to the establishment of many of the largest companies in KSA.

Link to PIF website