Hertz Dayim Equipment Rental, the joint venture between Hertz Equipment Rental Corporation and Dayim Holdings Company, and APR Energy have announced a partnership agreement to develop business for fast-track power solutions in the Kingdom of Saudi Arabia (KSA).

The companies said the agreement provides APR Energy with immediate access to one of the largest power markets in the Middle East by leveraging Hertz’ business network, trusted global brand name and established industry experience within the country. The agreement gives Hertz Dayim Equipment Rental immediate entry into the lucrative power solutions market within the KSA, through APR Energy’s expertise and leadership in fast-track power solutions, as well as APR’s modern fleet of diesel and natural gas reciprocating engines and dual-fuel turbines.

Through the partnership agreement, APR Energy and Hertz Dayim Equipment Rental will collaborate on business development opportunities for large-scale, fast-track power projects, as well as cooperate on various co-branded marketing activities within the KSA.

Lois Boyd, group president, Hertz Equipment Rental Corporation said: “We are pleased to expand our equipment rental portfolio with large scale power solutions for our utility, construction, and industrial customers in Saudi Arabia through the APR Energy and Hertz Dayim Equipment Rental partnership. With APR Energy’s leading-edge power solutions, our customers will have access to cost-efficient, reliable electricity, on a fast-track basis, along with dedicated project management support.”

Chairman of Hertz Dayim Equipment Rental HRH Prince Khalid bin Bandar bin Sultan said: “With the Saudi construction and industrial sector growing at such a fast pace, the demand for power is outstripping supply and there is a big market for power solutions. APR Energy is a global leader in fast-track power generations solutions, and their line of business has significant synergies with our existing equipment rental business in Saudi. It is a strategic step for our business, towards providing a one stop solution to the utility, construction, and industrial sector in Saudi, for all their equipment and power needs.”