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About Energy Capital Group
Energy Capital Group (ECG) is a Saudi-based investment firm established in 2008 by Ali Abdulaziz Alturki. The company focuses on developing the energy sector and related services in alignment with Saudi Arabia's In-Kingdom Total Value Add (IKTVA) program and Vision 2030. ECG specializes in investing in industrial services and technology-oriented national champions, aiming to strengthen the capabilities of local service providers.
Through its investment vehicle, ECG2.0-Fund2, the firm has made significant acquisitions, including Dar Al Balad Contracting (DAB). DAB offers essential engineering services such as inspection, overhaul, and repair of gas and steam turbines, as well as supply and installation services for various systems. ECG's investment strategy is designed to support national energy initiatives and enhance the Kingdom's industrial infrastructure, with plans to list its industrial services platform on Tadawul in the near future.
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