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ACWA Power

Acwa Power's 700MW solar project kicks off commercial operations

Acwa Power, a leader in power generation and water desalination plants, has announced that its key 700MW AlRass1 Solar Photovoltaic Project located in the Qassim province of Saudi Arabia has entered into commercial operations. 

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Acwa Power's 700MW solar project kicks off commercial operations

Acwa Power, a leader in power generation and water desalination plants, has announced that its key 700MW AlRass1 Solar Photovoltaic Project located in the Qassim province of Saudi Arabia has entered into commercial operations. 

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Acwa Power inks debt restructuring deal for Turkish affiliate

Acwa Power, a leading Saudi developer of utility projects, has announced that it has, along with its related subsidiary entities, reached a debt and ownership restructuring agreement with the lenders and minority shareholders of its Turkish af

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ACWA Power posts 36pc net profit increase for H1 2024

Saudi-listed ACWA Power has reported a 36% growth in net profi for the six months ending 30 June 2024, reaching SAR927 million ($247 milllion), compared to SAR 243 million in 2023.   Operating income before impai

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ACWA Power posts 36pc net profit increase for H1 2024

Saudi-listed ACWA Power has reported a 36% growth in net profi for the six months ending 30 June 2024, reaching SAR927 million ($247 milllion), compared to SAR 243 million in 2023.   Operating income before impai

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Rabigh-4 water project set for 2026 commercial operations

Saudi Water Partnerships Company (SWPC) has announced that work is moving at a steady pace on the Rabigh-4 Independent Water Project (IWP), which, on completion, will have a total production capacity of 600,000 cu m per day and a storage facil

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Acwa Power sells 30pc stake in Rabigh utility project for $225m

Acwa Power, a global utility projects developer, has reached an agreement to sell 30% of its stake in Rabigh Arabian Water & Electricity Company (Rawec) IWSPP to Hassana Investment Company, the  investment manager of Saudi Arabia'

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Acwa Power sells 30pc stake in Rabigh utility project for $225m

Acwa Power, a global utility projects developer, has reached an agreement to sell 30% of its stake in Rabigh Arabian Water & Electricity Company (Rawec) IWSPP to Hassana Investment Company, the  investment manager of Saudi Arabia'

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Acwa Power gets commercial operation certificate for 300MW solar project

Acwa Power, a leading Saudi developer of power and desalination projects, has announced that the project company for Shuaa Energy 3 plant in Dubai has obtained the commercial operation certificate for Phase C of the facility. &nbs

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Acwa Power gets commercial operation certificate for 300MW solar project

Acwa Power, a leading Saudi developer of power and desalination projects, has announced that the project company for Shuaa Energy 3 plant in Dubai has obtained the commercial operation certificate for Phase C of the facility. &nbs

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