Saba Power and Water Industries Investment Company is controlled by Iranian Regime. According to official website of Saba Power and Water Industries Investment Company, stockholders are entities controlled by government of Iran:
1. Mahab Ghodss Consulting Engineering Company (49.98%)
2. SATKAB (49.99%)
3. Others ( Minor Shareholders ) (0.03%)
Total: 100

Mahab Ghodss Consulting Engineering Company is being owned or controlled by the government of Iran , according to Treasury and SATKAB is controlled by Ministry of Energy of the Islamic Republic of Iran.

ifmat - Saba Power Water Industries Stockholders

Saba Power Water Industries – Stockholders

Source » sabainv.com