Strataphy to evaluate geothermal cooling potential at KAEC megaproject in Saudi Arabia
Signing ceremony between Ammar Alali, PhD, CEO of Strataphy, and Majid Abdullah Matbouly (Chief Industrial Valley Officer at KAEC) of KAEC (source: Strataphy)
Carlo Cariaga
12 Feb 2026
Strataphy has signed a binding MoU to evaluate the application of its geothermal cooling service at the King Abdullah Economic City in Saudi Arabia.
Strataphy has signed a strategic binding Memorandum of Understanding (MoU) with Emaar, The Economic City, the master developer of the King Abdullah Economic City (KAEC) in Saudi Arabia, to evaluate the potential large-scale application of geothermal cooling systems across KAEC’s facilities and its wider tenant base.
The agreement was signed by Abdulaziz Alnowaiser, Chief Executive Officer of KAEC, and Ammar Alali, CEO of Strataphy.
Under the MoU, KAEC and Strataphy will advance and execute joint arrangements to the application of geothermal cooling at KAEC, a planned city or “economic city” located north of Jeddah. The initiative is expected to reduce electricity consumption and cooling costs by up to 50% annually, decrease CO2 emissions by up to 40%, and free up 30% of the city’s total electrical capacity, creating new opportunities for growth and increased tenant capacity.
Furthermore, the partnership will evaluate and pursue the establishment of joint venture structures in Saudi Arabia to develop and deploy geothermal cooling systems at scale.
Strataphy is offering its “Cooling as a Service” model which can deliver sustainable, high-efficiency geothermal cooling with no upfront investment. The subscription covers design, installation, and O&M, delivering strong energy savings, while proprietary technologies enable deployment across diverse geological environments.
The geothermal cooling solution is expected to reinforce KAEC’s advocacy for sustainable, future-ready infrastructure solutions. The partnership also marks an important milestone in KAEC’s commitment to supporting national sustainability goals and elevating its position as a leader in developing energy-efficient urban infrastructure. Before the end of 2025, Strataphy signed an agreement selecting Baker Hughes as the company’s preferred equipment and services provider for its portfolio of geothermal cooling projects.
“We are proud to partner with Strataphy to explore the positive impact of the technology across our developments,” said Abdulaziz Alnowaiser, CEO of KAEC.
“At KAEC, sustainability and innovation are at the heart of everything we do, and this partnership represents a pivotal step in our journey toward building the city of the future. By championing energy efficiency and reducing carbon emissions, we are raising the standard for responsible and forward-thinking urban development.”
“We are proud to collaborate with KAEC in this transformative initiative that aligns with the Saudi Green Initiative and national sustainability goals,” added Ammar Alali, CEO of Strataphy. “The partnership allows us to demonstrate our PrimeLoop technology and showcase the transformative potential of geothermal energy in achieving substantial savings, reducing emissions, and building resilient infrastructure that supports long-term sustainability.”
Source: Strataphy via amail correspondence
