Company: Office National d’Electricite
Country: Morocco
Sector: Electric utility
CEO: Tarik Hamane
Website: https://www.onee.ma
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Rabat, Morocco
Founded: 2012 (merger of ONE, founded 1963, and ONEP, founded 1972)
Valuation/Revenue: $4.09bn revenue (African Business Top 250, 2025 ranking)
Office National de l’Electricite et de l’Eau Potable (ONEE) is Morocco’s state-owned utility responsible for the generation, transmission, and distribution of electricity, as well as the production and distribution of drinking water and, in select areas, sanitation services. Formed in 2012 through the merger of two long-standing predecessor agencies — the Office National de l’Electricite (ONE, founded 1963) and the Office National de l’Eau Potable (ONEP, founded 1972) — ONEE is one of the largest and most strategically important public enterprises in Morocco.
What Does ONEE Do?
ONEE operates through two main branches: an electricity branch, which handles power generation, transmission, and distribution across much of Morocco not served by private or municipal distributors, and a water branch, which produces and distributes drinking water and, in some regions, provides sewage/sanitation services. As a vertically integrated national utility, ONEE plays a central role in Morocco’s infrastructure planning, including major investments in renewable energy generation (solar and wind) and water desalination as the country works to diversify its energy mix and address water scarcity concerns.
Is ONEE Legit?
Yes. ONEE is a formally constituted Moroccan state-owned enterprise established by government decree, operating under oversight from Morocco’s Ministry of Energy Transition and Sustainable Development. It is not a private company but a public institution central to national infrastructure delivery, with a multi-decade operating history through its predecessor agencies dating to the 1960s.
How Big Is ONEE?
ONEE ranked 39th on African Business magazine’s Top 250 Companies in Africa for 2025, with revenue of approximately $4.09bn. As a wholly state-owned entity, ONEE does not have a public market capitalisation. The company has approved a substantial equipment/capital investment plan for 2026-2030, reported at approximately 248 billion Moroccan dirhams (roughly $25bn), reflecting major planned expansion in power generation and water infrastructure over the coming years.
Who Runs ONEE?
Tarik Hamane serves as Director General of ONEE, leading the utility’s operations across its electricity and water branches. He succeeded a series of prior directors general, including the late Ali Fassi-Fihri, a long-serving and prominent former head of the organisation who died in recent years and was widely honoured in Moroccan media for his decades of contribution to the country’s energy and water sectors — a distinction worth noting for anyone researching ONEE’s historical leadership, since some older search results and references still refer to Fassi-Fihri.
Who Owns ONEE?
ONEE is wholly owned by the Moroccan state, operating as a public institution (établissement public) under government oversight rather than as a private or publicly traded company.
Where Is ONEE Headquartered?
ONEE’s headquarters is located in Rabat, Morocco, the country’s administrative capital, consistent with its status as a national public utility.
What Has ONEE Been in the News For Recently?
ONEE has been in the news for its adoption of a large-scale equipment investment plan for 2026-2030, valued at approximately 248 billion Moroccan dirhams, aimed at expanding electricity generation capacity (including renewables) and water infrastructure to meet growing demand and address water scarcity challenges facing Morocco. The utility continues to play a central role in Morocco’s national energy transition strategy, which emphasises solar, wind, and desalination investment.
What Is ONEE’s Role in Morocco’s Energy Transition?
ONEE is central to Morocco’s ambitious renewable energy strategy, which targets a majority share of installed electricity capacity from renewable sources, and the utility works alongside dedicated agencies such as MASEN (Moroccan Agency for Sustainable Energy) on major solar projects like the Noor solar complex near Ouarzazate, as well as wind farm development across the country. On the water side, ONEE has increasingly turned to desalination to address chronic water scarcity exacerbated by recurring drought, investing in new plants along Morocco’s coastline as part of its 2026-2030 equipment plan. As a large public employer, ONEE maintains a workforce spanning power generation, grid operations, water treatment, and distribution infrastructure across virtually every region of the country.
Links
Website: https://www.onee.ma
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
What does ONEE do?
ONEE generates, transmits, and distributes electricity, and produces and distributes drinking water (plus sanitation in some areas) across Morocco, as the country’s national utility.
Who owns ONEE?
ONEE is wholly owned and operated by the Moroccan state as a public institution.
Who is the Director General of ONEE?
Tarik Hamane currently leads ONEE as Director General.
Is ONEE a private company?
No, ONEE is a state-owned public utility, not a privately owned or publicly traded company.
How much revenue does ONEE generate?
Approximately $4.09bn per African Business magazine’s 2025 Top 250 ranking.
When was ONEE founded?
ONEE was formed in 2012 through the merger of the electricity utility ONE (founded 1963) and the water utility ONEP (founded 1972).