1.Kingdom Electricity For Energy Investments (KEC) 

SSIF owns 70% of the Kingdom Electricity Company (KEC), a private shareholding company. The remaining shares are held by the Privatization Holding Company of Kuwait (PHC) with 20%, and Arab Jordan Investment Bank (AJIB) with 10%.

KEC was established in 2007 after it won a tender to purchase the Government’s shares of the Electricity Distribution Company (EDCO) and the Irbid District Electricity Company (IDECO). The shareholders of KEC are: DEIC that owns 70% and the Privatization Holding Company of Kuwait (PHC) that owns 30%.  KEC owns 100% of EDCO, which in turn owns about 55% of IDECO.

KEC’s investments in the generation and distribution of traditional and renewable energy are as follows:

1. Electricity Distribution Company (EDCO)
 EDCO was established in 1997 as a government-owned company, and it was privatized in 2007 to become a public shareholding company.  EDCO, which covers the southern region of the Kingdom, installs and operates the electric power distribution system for consumers in its area of activity according to the best international standards of quality, to meet demand for electricity and ensure continuity of supply to consumers efficiently and at the lowest cost.

2. Irbid District Electricity Company (IDECO)
IDECO was established in 1957 as a Government-owned company which was privatized in 2007 to become a public shareholding company. lDECO, which distributes electricity in the northern region of the Kingdom, installs and operates the electric power distribution system for consumers in its area of activity according to the best international standards of quality to meet demand for electricity and ensure continuity of supply to consumers efficiently and at the lowest cost.

3. Jordan Solar One Company for Solar Photovoltaic Electric Energy Generation
In 2015, the Kingdom Electricity For Energy Investments acquired 30% of the shares of Jordan Solar One.  This project, located in Mafraq Governorate, has a 20 Megawatt capacity.

4. Zahrat Al Salam Company for Solar Photovoltaic Electric Energy Generation
In 2015, the Kingdom Electricity For Energy Investments acquired 30% of Zahrat Al Salam Company’s shares.  This project, located in Ma’an Governorate, has a 10 Megawatt capacity.
5. Al ward al Joury Company for Solar Photovoltaic Electric Energy Generation
In 2015, the Kingdom Electricity For Energy Investments acquired 30% of Al ward al Joury Company’s shares.  This project, located in Ma’an Governorate, has a 10 Megawatt capacity.

6. Al Zanbaq Company for Solar Photovoltaic Electric Energy Generation
In 2015, the Kingdom Electricity For Energy Investments acquired 30% of Al Zanbaq Company’s shares.  This project, located in Ma’an Governorate, has a 10 Megawatt capacity.

7. Al Zarqa Power Station
In 2017 Kingdom Electricity For Energy Investments acquired 40% of Al Zarqa Power Station; a combined cycle power plant with a capacity of 485 megawatts.



2. Central Electricity Generating Company (CEGCO)  
The Fund owns 9% of Central Electricity Generating Company (CEGCO), which was privatized in 2007.  The company generates electrical energy in the supply areas of the National Electric Power Company (NEPCO), which in turn manages the transmission network and operates the electrical system in the Kingdom as well as electricity connection grids with neighboring countries.

3. Jordan Electric Power Company ( JEPCO)
The Fund owns 21.46% of the Jordan Electric Power Company (JEPCO), which was established in 1938. JEPCO is a public shareholding company that is responsible for distributing electric energy to the central governorates (Amman, Zarqa, Salt, and Madaba).

4. Solar Project:

In 2021, SSIF accomplished constructing three ‎solar power stations to offset the energy consumption of the hotels owned by the ‎Social Security Corporation‎ (SSC), SSC headquarter and branches and SSIF ‎headquarter. ‎
With a total capacity of 15 MW, the stations are not ‎only a step forward for greener energy and sustainable development, they are also ‎expected to reduce the SSC’s utility bill by approximately JD 5 million annually, ‎with a payback period of less than three years.‎