ACWA Power

ACWA Power is a Saudi power and water infrastructure company headquartered in Riyadh and founded in 2004. It develops, invests in, constructs and operates large-scale power-generation and desalination projects, with activities spanning conventional power, renewable energy and desalination. Its markets include the Middle East, Africa, Central Asia and Southeast Asia. The company was listed on the Saudi Exchange in 2021.

Founded in 2004, ACWA Power has focused on power generation and desalination infrastructure. Its business model combines project development, investment, construction participation and long-term operation of large energy and water facilities. As demand for power, water infrastructure and energy transition projects grew in the Middle East, the company expanded into renewable energy and entered markets in Africa, Central Asia and Southeast Asia. ACWA Power was listed on the Saudi Exchange in 2021.

1. 2021
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2. 2004
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• Power generation projects

  ACWA Power develops, invests in and operates large power-generation facilities serving utilities and major infrastructure markets.

• Renewable energy projects

  The company develops and operates renewable-energy projects, including solar projects, as part of its power infrastructure portfolio and energy-transition activities.

• Desalination projects

  ACWA Power develops and operates desalination facilities that provide large-scale water infrastructure for water-stressed regions.

1. ACWA Power official website