Mass Group Holding
Mass Group Holding is a Jordan-based private industrial conglomerate that builds, owns, and operates power plants (10,880 MW), cement factories (6 Mt/year), and steel mills (1.25 Mt/year) across Iraq, Jordan, Romania, and Sudan, selling primarily under government power purchase agreements and through construction-materials distributors.
- Company typePrivate
- Founded2006
- HeadquartersAmman, Jordan
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
Mass Group Holding firmographics
Firmographics- Name
- Mass Group Holding
- Legal name
- Mass Group Holding (شرکة ماس القابضة)
- Website
- https://massgroupholding.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Mass Group Holding is a Jordan-based private industrial conglomerate that builds, owns, and operates power plants (10,880 MW), cement factories (6 Mt/year), and steel mills (1.25 Mt/year) across Iraq, Jordan, Romania, and Sudan, selling primarily under government power purchase agreements and through construction-materials distributors.
- Ownership category
- akta.pro rank
Mass Group Holding industry classification
Industry- Product category
- Independent Power Production and Industrial Manufacturing (Cement & Steel)
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Management of Companies and Enterprises (551), Offices of Other Holding Companies (551112)
- SIC
- Cogeneration Services & Small Power Producers (4991), Non-Operating Establishments (9995)
- akta.pro primary industry
- Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence) (EUAMAGAJ)
- akta.pro secondary industry
- Renewable Energy Infrastructure (FSAAAKAG)
Keywords
Where Mass Group Holding is headquartered
LocationHeadquarters
- HQ city
- Amman
- HQ country
- Jordan
- HQ region
- Middle East
Offices8 records
Markets served
Mass Group Holding business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Electricity Generation and Sales: The company generates and sells electricity to national grid operators under long-term power purchase agreements (PPAs). Revenue comes from capacity payments and energy sales to government utilities in Iraq, Romania, and other operating countries.
- Steel Production and Sales: Production and sale of steel rebar (reinforcement steel) for construction and infrastructure projects. Annual capacity of 1.25 million tons.
- Cement Production and Sales: Production and sale of cement products including ordinary Portland cement, sulfate-resistant cement, and high-early-strength block cement. Annual capacity of 6 million tons.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Mass Group Holding product offering
Product offeringCore offering
Mass Group Holding operates as a vertically integrated industrial conglomerate that generates and sells electricity from gas-fired, wind, and solar power plants (~10,880 MW total capacity), manufactures cement (~6 million tons/year) and reinforcement steel rebar (~1.25 million tons/year), and invests in renewable and battery storage projects. The company builds, owns, and operates these assets under long-term PPAs with government utilities and through domestic distributor networks supplying construction and infrastructure customers across Iraq, Jordan, Romania, and Sudan.
Product overview
Mass Group Holding operates three integrated industrial sectors under a Build-Own-Operate (BOO) model: (1) Power Generation with total capacity of approximately 10,880 MW across seven power plants in Iraq, Romania, Jordan, and Sudan, including the world's largest single-site gas power plant at Basmaya; (2) Cement Manufacturing with 6 million tons annual capacity in Iraq; and (3) Steel Manufacturing with 1.25 million tons annual capacity in Iraq. The company is expanding into battery energy storage with a €1 billion investment in Romania.
Differentiator
Problem solved
Functional benefit
Products and services
- Basmaya Power Plant Gas-fired combined cycle power plant in Baghdad, Iraq with 5,000 MW capacity, described as the largest single-site gas power plant in the world and reported to supply 80% of Baghdad's electricity.
- Erbil Gas Power Plant Combined cycle gas power plant in Erbil, Kurdistan Region of Iraq with 1,500 MW capacity, operated under the Build-Own-Operate (BOO) model.
- Sulaymaniyah Gas Power Plant Combined cycle gas power plant in Sulaymaniyah, Kurdistan Region of Iraq with 1,500 MW capacity; awarded ENR 'Global Project of the Year 2017'.
- Dohuk Gas Power Plant
Quantifiable outcome
- Basmaya plant supplies 80% of Baghdad's electricity
- +2 more outcomes
Companies that use Mass Group Holding
Customer profileSegments3 records
Ideal customer profiles3 records
Mass Group Holding technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Mass Group Holding partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered major.
- Bechtel Overseas Corp.majorBechtel Overseas Corp. served as the lead design company for the Sulaymaniyah Combined Cycle Gas Power Plant project, which won ENR's Global Project of the Year 2017 award.
- ENKA Insaat ve Sanayi A.S.majorENKA served as the main contractor for the Sulaymaniyah Combined Cycle Gas Power Plant construction project.
Scale indicators8 records
Recent moves8 records
Expansion highlights6 records
Mass Group Holding competitors and assessment
Company assessmentDirect peers
- ACWA Power: Saudi-listed independent power and desalinated water producer using a similar Build-Own-Operate model with long-term government PPAs across the Middle East and Africa. Comparable in deploying gas, wind, solar, and storage at gigawatt scale for sovereign offtakers.
- Karpowership (Karadeniz Holding): Turkish IPP operating mobile and land-based gas-fired power plants under long-term PPAs with emerging-market governments. Closely comparable as a non-OECD IPP serving grid-short nations under BOO/BOOT structures.
- ENKA Insaat ve Sanayi A.S. Turkish engineering, procurement and construction firm that was Mass Group's main contractor on the award-winning Sulaymaniyah plant. Operates across MENA power infrastructure and is a known counterparty in the same IPP construction ecosystem.
Broad incumbents
- Qatar Electricity and Water Company (QEWC): Qatar-listed regional utility with diversified power and water generation assets across the Gulf. Comparable as a large incumbent regional power generator operating under long-term state contracts, though more diversified than Mass Group.
- Elsewedy Electric: Egyptian-listed integrated infrastructure provider across power generation, cables, transformers, and electrical contracting. Comparable as a MENA-based energy infrastructure conglomerate with both generation and industrial operations.
- Engie: French-listed global utility with major IPP and renewable development activities in MENA, including BOO/BOOT concessions. Comparable as a large, diversified power and energy-transition operator with overlapping geography and contracting models.
- AES Corporation: US-listed global IPP with substantial presence in Latin America, the Caribbean, and Asia operating gas, renewables, and storage under long-term contracts. Comparable as a multinational IPP pivoting from fossil to renewables/storage under BOO structures.
Regional players
- Orascom Construction: Egypt-based construction group with major MENA power infrastructure experience including BOO power projects. Operates in overlapping geographies (Egypt, Iraq, Saudi Arabia) and is a credible comparable for project execution capabilities.
- MAPNA Group: Iranian industrial conglomerate with combined-cycle power plant EPC, manufacturing of turbines and generators, and rail operations. Comparable as a regional IPP and industrial manufacturer with vertically integrated power-generation equipment supply.
- CEGCO (Central Electricity Generating Company): Jordanian power generator operating under PPA with the national grid, headquartered in Amman like Mass Group. A regional incumbent comparable for the Jordanian power market and BOO operating model in the Levant.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Mass Group Holding social profiles
Digital presenceMass Group Holding compliance and trust
Trust signalCompliance3 records
Mass Group Holding financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mass Group Holding leadership team
Management profileNumber of profiles
Profiles1 record
Mass Group Holding subsidiaries and ownership
Company hierarchySubsidiaries8 records
Mass Group Holding funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mass Group Holding M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mass Group Holding
What does Mass Group Holding do?
Mass Group Holding operates as a vertically integrated industrial conglomerate that generates and sells electricity from gas-fired, wind, and solar power plants (~10,880 MW total capacity), manufactures cement (~6 million tons/year) and reinforcement steel rebar (~1.25 million tons/year), and invests in renewable and battery storage projects. The company builds, owns, and operates these assets under long-term PPAs with government utilities and through domestic distributor networks supplying construction and infrastructure customers across Iraq, Jordan, Romania, and Sudan.
Is Mass Group Holding a public or private company?
Mass Group Holding is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Mass Group Holding founded?
Mass Group Holding was founded in 2006. It employs 1,001 to 5,000 people.
Where is Mass Group Holding based?
Mass Group Holding is headquartered in Amman, Jordan, in the Middle East region.
How does Mass Group Holding make money?
Three revenue lines are on record. Electricity Generation and Sales are the primary driver. The others are steel Production and Sales and cement Production and Sales.
Who are Mass Group Holding's main competitors?
Direct peers on record are ACWA Power, Karpowership (Karadeniz Holding) and ENKA Insaat ve Sanayi A.S.. Broad incumbents are Qatar Electricity and Water Company (QEWC), Elsewedy Electric, Engie and AES Corporation. Regional players are Orascom Construction, MAPNA Group and CEGCO (Central Electricity Generating Company).
Does Mass Group Holding have an API?
No public API is recorded for Mass Group Holding.
What industry is Mass Group Holding in?
Mass Group Holding's product category is Independent Power Production and Industrial Manufacturing (Cement & Steel). Its primary akta.pro industry code is EUAMAGAJ, Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence), with a secondary code of FSAAAKAG, Renewable Energy Infrastructure. Its NAICS code is 2211 and its SIC code is 4991.