SABA Power & Water Industries Investment Corporation was founded in 1992 under the name of SATKAB Investment Company. SABA Investment Corp. was established with the aims of investing and participating in the power industry including:
– Construction and operation of power plantsenewable energy production
– Transmission and power installation
– Distribution facilities and also in the areas of water industry including: Dam construction, Supply and production of drinking water. SABA Power & Water Industries Investment Corporation is controlled by the Iran Regime;
SABA Investment Corp. subsidiaries and investees include a wide group of active companies in the power & water industries which are divided in 6 categories: main companies, listed companies, power operation and maintenance companies, power distribution companies, water and sewage companies and other companies;
Saba Power and Water Industries Investment is owned and controlled by OFAC-designated entity Mahab Ghodss Consulting Engineering Company. Mahab Ghodss Consulting Engineering Company is designated for being owned or controlled by the government of Iran;
Other stockholder is Saba Power and Water Industries Investment is SATKAB. SATKAB is company controlled by Ministry of Energy of the Islamic Republic of Iran;
Saba Power and Water Industries Investment owns shares in: Mapna Group Company (47.62%), Nirou Trans(4.95%), Energy Exchange (0.2845%), ParsSwitch Co. (5.04%), Iran-Transfo Corp. (0.027%), Alumtek Corp (1.53%), Tejarat Bank (0.42%);
Maham Shargh Group (100%)
Omran Saman harim Shargh (97.27%)
Farab Company Energy & Water Projects (52.39%)
Also Known As:
Saba Power and Water Industries Investment Company
Saba Power and Water Industries Investment Corp.
Saba Power and Water Industries Investment Corporation
SATKAB Investment Company
No.80 2nd Tohid St.between Darya& Khovardin Blvd, Shahrak Gharb,Tehran,Iran
Person of interests:
Mohammad Abdollahi – Chairman – Mahab Ghodss Consulting Engineering Co.
Amir Hossein Josie – Deputy Chairman – Razavi International Capital Development Co.
Jafar Joola – Manageing Director And Member of Board – Karamat Capital Management Co.
Yousef Pashanezhad – Member of the Board – Razavi International Capital Growth Plan Co.
Reason for color:
» Stockholders of Saba Power and Water Industries Investment;