Nebras Energy - Company Profile
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Nebras Energy (Nebras), formerly Qatar Electricity & Water Co QPSC, engages in the ownership and operation of power and water plants. The company's main activities include the generation of electricity and the desalination of water using natural gas and oil sources. Nebras provides electricity and desalinated water as its major products and services. The company serves a wide range of customers, including residential, commercial, and industrial sectors, primarily within the State of Qatar. Nebras operates through various integrated power generation and water desalination stations and substations in Qatar and has interests in several power and water companies in the Middle East and North Africa. Its operations are primarily focused on the Qatari market, with some involvement in the broader Middle East and North Africa region. Nebras is headquartered in Doha, Qatar.
Headquarters
Qatar
Address
West Bay- Al Ahad St, 22046, P.O.Box, Doha
Website
www.nebrasenergy.qa
Telephone
974 40520021
No of Employees
463
Industry
Power
Ticker Symbol & Exchange
QEWS (DOH)
Revenue (2024)
$828.9M
3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-8.7%
(2024 vs 2023)
Market Cap*
$4.3B
Net Profit Margin (2023)
XYZ
-11.4%
(2024 vs 2023)
* As of and is in US$
Nebras Energy premium industry data and analytics
Products and Services
| Products |
|---|
| Water |
| Electricity |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In March, the company acquired Engie’s stakes in Ras Girtas Power and Qatar Power. |
| 2025 | Contracts/Agreements | In May, the company and Water Corporation (Kahramaa) signed an agreement with the Luluah Sky Energy Holding consortium to construct the 2,400 MW and 110 million gallons per day Ras Abu Fontas facility in Doha, Qatar. |
| 2025 | Contracts/Agreements | In March, the company entered into a contract with Doosan Enerbility to design, procurement, and construction of a peaking unit gas power plant. |
Competitor Comparison
| Key Parameters | Nebras Energy | Iberdrola SA | Duke Energy Corp | NextEra Energy Inc | Sembcorp Salalah Power & Water Company SAOG |
|---|---|---|---|---|---|
| Headquarters | Qatar | Spain | United States of America | United States of America | Oman |
| City | Doha | Bilbao | Charlotte | Juno Beach | Salalah |
| State/Province | - | Vizcaya | North Carolina | Florida | Dhofar |
| No. of Employees | 463 | 45,339 | 26,441 | 17,400 | - |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Saad Bin Sherida Al-Kaabi | Chairman | Executive Board | 2018 | - |
| Mohammed Nasser Al-Hajri | Chief Executive Officer; Managing Director | Senior Management | 2025 | - |
| Ahmed bin Ali Al-Hamadi | Vice Chairman | Executive Board | - | - |
| Mohammed Al-Mohannadi | Chief Administrative Officer | Senior Management | - | - |
| Jamal Al-Khalaf | Chief Executive Officer - Umm Al Houl Power | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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