Shuaibah Holding Company (SHC) is a project company established to develop and operate large-scale solar photovoltaic (PV) independent power projects (IPPs) in Saudi Arabia. These projects include the multi-billion dollar Shuaibah 1 and Shuaibah 2 PV plants, which aim to provide significant power generation capacity. SHC is partly owned by major energy developer ACWA Power and the Public Investment Fund (PIF) through its subsidiary Badeel.