Riyadh, 08 August 2023, In a significant development, the National Energy Efficiency Services Company, known as "Tarsheed," has recently inked a noteworthy sponsorship agreement with Al-Nasr Club. Tarsheed, a prominent entity wholly owned by the esteemed Public Investment Fund, specializes in advancing the energy efficiency sector by spearheading various building and facility rehabilitation initiatives across the Kingdom. The official contract, spanning a duration of three years, solidifies the partnership between Tarsheed and Al-Nasr Club, marking a significant milestone for both entities.
In a move that aims to propel the Kingdom's Vision 2030 forward, Tarsheed and Al-Nasr Club have forged a strategic partnership. This collaboration is rooted in a shared commitment to attaining leadership, fostering economic diversification, and fulfilling the national aspirations of Saudi Arabia. The primary goals of this partnership are to provide robust support and facilitate the attainment of sustainable development across various sectors.
In a recent statement, Walid bin Abdullah Al-Ghurairy, the esteemed Managing Director and CEO of Tarsheed Company, expressed the company's unwavering commitment to bolstering the sports sector in the Kingdom, with a particular focus on Saudi football. Al-Ghurairy emphasized that the sponsorship initiative is driven by the company's ambitious vision to propel the sport to new heights on a global scale. The sponsorship, he revealed, is specifically targeted towards a revered club like Al-Nasr Club, with the ultimate goal of tapping into the vast and dedicated fan base of both the club and Saudi football as a whole. In a recent statement, Ahmed bin Nasser Al-Ghamdi, the CEO of Saudi club Al-Nasr, expressed his satisfaction with the club's new sponsorship deal with a prominent company in its industry. Al-Ghamdi emphasized the significance of this partnership in expanding the club's sponsor base across different sectors. He exuded optimism and confidence, foreseeing a multitude of achievements resulting from this collaboration in the coming years. The National Energy Efficiency Services Company, known as "Tarsheed," has made significant strides since its establishment in 2017. As a wholly-owned subsidiary of the Public Investment Fund, Tarsheed has set its sights on reducing electricity consumption by an impressive 6 terawatt-hours. To put this into perspective, this reduction is equivalent to saving a staggering 9.6 million barrels of oil and preventing the release of 3.4 million tons of harmful carbon emissions. To further illustrate the magnitude of this achievement, the environmental impact of Tarsheed's efforts can be likened to planting over 57.4 million trees, an area equivalent to 540,000 football fields.
