Subsidiaries

 

The Wala Lib Energy Efficiency Company

The Wala Lib Energ Efficiency Company (Wala Lib ESCO) is a special purpose company established for the purpose of implementing the innovative energy solution for the Wala and Lib pumping stations south of Amman. In this contract, Engicon O&M financed and built two new pumping stations with the payments fully tied to energy efficiency gains for the client. The equity is provided by Engicon O&M which fully owns the Wala Lib ESCO.