15 Dec 2022Contract signed as part of efforts to provide tenants at SPARK with world-class utility services.
Partnership intends to elevate SPARK Utilities’ service offering to investors.
SPARK is the second industrial city in the Kingdom to own a fully integrated utility company that provides services for water, gas and electricity.
Abqaiq, 15 December 2022: Today, SPARK Utilities, a wholly owned subsidiary of King Salman Energy Park (SPARK) and the Kingdom’s third power producer and supplier, signed an operational & maintenance services contract with Miahona, a leading developer & operator of sustainable solutions in water and wastewater projects, to provide convenient and reliable utility services to tenants at SPARK. The agreement was signed by Eng. Ahmed Al Essa, CEO of SPARK Utilities and Eng. Awaadh Al Otaibi, CEO of Miahona during a ceremony that was attended by Eng. Saif Al-Qahtani, CEO of SPARK and Chairman of SPARK Utilities, and Einas Al Ashgar, board member and other board members.
Through this partnership, Miahona will support SPARK Utilities with the operation and maintenance of wet utility services offered at SPARK, including potable water, wastewater, and irrigation systems. It will provide sustainable integrated water solutions according to global best practices, and in line with SPARK Utilities’ green business model.
Eng. Ahmed Al Essa, CEO of SPARK Utilities said: “We are delighted to have selected Miahona as our strategic utilities partner. The partnership marks an important milestone in our journey to build a leading industrial ecosystem at the heart of the energy market. It reinforces SPARK Utilities’ position as a world-class utility operator and allows us to realize our ambitions to deliver the highest quality of services to tenants, as we constantly strive to elevate the investor experience at SPARK.”
Eng. Awaadh Al-Otaibi, CEO of Miahona said: “This project is strategic for Miahona’s local presence and consolidates its leading position in industrial utilities, including water and wastewater assets. Miahona is fully committed to this partnership with SPARK Utilities. We thank SPARK for selecting Miahona and are looking forward to achieving the common objectives.”
SPARK Utilities is the third company in Saudi Arabia to have been awarded a license to distribute and sell power by the Water and Electricity Regulatory Authority (WERA). As a world-class utility operator, SPARK Utilities delivers seamless and reliable access to power, water, and gas services.
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About King Salman Energy Park (SPARK)
King Salman Energy Park (SPARK) is a fully integrated industrial ecosystem in the heart of the energy market. SPARK spans an area of 50 square kilometers and is being developed with a vision to become the leading gateway to the regional energy sector, providing a complete spectrum of solutions to support business growth in the Kingdom. SPARK is also the first and only industrial city in the world to achieve silver LEED certification.
SPARK offers infrastructure at international standards for global investors in the oil & gas, refining, petrochemical, power and water production and treatment industries.
Execution is planned over three phases; with the first phase being nearly complete, which consists of infrastructure, roads, utilities and real estate assets established across 14 square kilometers. This is in addition to a dedicated three-square kilometers dry port and logistics zone.
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