The Middle East’s
6. Raed Albasseet
Designation: Group Chief Environment & Sustainability Officer
Company: Red Sea Global
Established: 2018
Headquarters: Saudi Arabia
In 2023, Red Sea Global installed 760,500 solar panels across five solar farms which generated 71,600 MWh. It also avoided 46,350 tons of CO2 emissions and enabled the potential reach of 3,000 local farms through its TAMALA project. In the same year, it entered into a 25-year concession agreement with Électricité de France and Masdar on a multi-utilities infrastructure facility that will service AMAALA. The company also has an off-grid charging infrastructure operator, with 150 electric vehicle charging stations and 82 electric vehicles. In January 2024, Red Sea Global became the first Saudi company to use only sustainable fuels in all its supply chain vehicles.