ACWA Power

Company description

ACWA Power International develops, invests, co-owns, and operates a portfolio of power generation and desalinated water production plants. The company's projects include thermal, solar PV, solar CSP, and wind. It also offers operation and maintenance services for the power and water desalination industry in Saudi Arabia. The company is headquartered in Riyadh, Saudi Arabia with regional offices in Dubai, Istanbul, Cairo, Rabat, Johannesburg, Hanoi, and Beijing. It operates in Saudi Arabia, Oman, the United Arab Emirates, Jordan, Morocco, South Africa, Turkey, Vietnam, Mozambique, and Egypt.

Company details

City:
Riyadh
Address:
2nd Floor, Building 5,Business Gate Office Complex,Airport Road,P. O. Box 22616,Riyadh, 11416,Saudi Arabia

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • January 07, 2026

    ACWA Power inks US$400 million contract for Azerbaijan Desalination project

    Acwa Power has announced that it has signed a public-private partnership agreement worth US$400 million contract with the Azerbaijan State Water Resources Agency.

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  • January 05, 2026

    Financial Close Announced for US$684.8 million Desalination PPP Project in Saudi Arabia

    Saudi Water Partnership Company (SWPC) has announced the financial close of the Ras Mohaisen Independent Water Desalination Plant Project, located in Al-Qunfudhah, Makkah Region, Saudi Arabia.

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  • November 12, 2025

    Oman Receives Statement of Qualification for Barka Waste-to-Energy Project

    Oman’s Nama Power and Water Procurement Company (PWP) announced that it has received 18 submissions for qualification from international and local consortia and companies for the Sultanate&rsquo...

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  • September 25, 2025

    Azerbaijan signs new agreements with ACWA Power for a Desalination Plant in the Caspian Sea

    Azerbaijan's State Water Resources Agency and the Saudi company ACWA Power have signed an Agreement on the Design, Construction, Operation, and Maintenance of a Desalination Plant in the Caspian Sea....

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  • August 12, 2025

    ACWA Power leads consortium to develop Az-Zour North project in Kuwait

    ACWA Power, Saudi Arabia and Gulf Investment Corporation (GIC), Kuwait Consortium has secured the greenfield Az Zour North Phase 2 & 3 Independent Water and Power Project (IWPP) in Kuwait. The Le...

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  • February 11, 2025

    Agreement signed for the Independent Water Plant in Saudi Arabia

    The Saudi Water Partnership Company (SWPC) has signed an agreement valued at SAR 2.6 billion (US$ 692.8 million) with ACWA Power, Hajj Abdullah Ali Reza & Partners, and Al-Kifah Holding for t...

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  • October 24, 2024

    Preferred Bidder announced for Independent Water Plant PPP Project in Saudi Arabia

    Saudi Water Partnership Company (SWPC) has announced the Preferred and reserve Bidders for the development of Ras Mohaisen Independent Water Plant (IWP) located in Ras Mohaisen in the Western Pro...

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  • September 17, 2024

    SWPC received Proposal for Independent Water Plant PPP Project in Saudi Arabia

    Saudi Water Partnership Company S.M.L.L.C (SWPC) announced the receipt of the Bidder proposal in respect of the potential development of the Jubail 4 & 6 Independent Water Project

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  • September 04, 2024

    ACWA Power to develop US$680 million independent water plant in Sharjah

    Saudi-listed ACWA Power has inked a deal with the Sharjah Electricity, Water and Gas Authority (SEWA) to develop the Hamriyah  Independent Water Project (IWP) in Sharjah, UAE. The Hamr...

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  • June 17, 2024

    Acciona starts work on USD650 million desalination plant in Morocco

    A consortium led by Spanish contractor Acciona has broken ground on a desalination plant at Lamharza Essahel, about 40 km south of Casablanca in Morocco.

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