Barka Water and Power SAOG (BWPC) News - Mubasher Info
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19 February 01:22 PM

Barka Water and Power SAOG (BWPC)

Last update: 12:00 PM market time.
0.17
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0.58%
Open 0.17
Previous Close 0.17
High 0.17
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Stock Statistics
Volume 697
Turnover 116.46
All data are 15 minutes late during market session

News

The bond was issued in May 2017
3 March 2020 05:26 PM Fitch assigns BBB- rating to ACWA Power bonds
Riyadh – Mubasher: ACWA Power Investment and Management One Ltd. (APMI One) announced that Fitch Ratings has assigned a BBB- rating to its $814 million 5.95% senior secured bond, with a stable outlook. The bond, issued in May 2017 by ACWA Power’s …
Ratings
Part of the signing ceremony
12 February 2020 09:51 PM Egyptian gov’t signs MoU with Saudi ACWA Power
Cairo – Mubasher: Egypt’s housing and electricity ministries on Wednesday signed a memorandum of understanding (MoU) with Saudi Arabia’s ACWA Power to conduct primary and feasibility studies for water desalination plants powered by renewable …
Companies Investments
Photo Archive
23 December 2019 01:52 PM ACWA Power to build solar plants in Ethiopia
Riyadh – Mubasher: ACWA Power has signed two long-term power purchase agreements (PPA) with Ethiopia’s state-owned Ethiopian Electric Power Company (EEP) for two 125-megawatt (MW) solar photovoltaic (PV) projects. The agreement sets a tariff of …
Macroeconomics
The solar complex was completed with 100% Saudisation rate in first year
27 November 2019 00:46 PM Acwa Power completes KSA’s first solar project
Riyadh – Mubasher: ACWA Power announced the successful connection of the Sakaka Solar PV Plant, Saudi Arabia’s first renewable energy project, to the national grid. The SAR 1.2 billion solar energy project has commenced initial production under a …
Companies Investments
Photo Archive
14 November 2018 07:36 PM Acwa Power estimates $5m cost of turbine muddle
Mubasher: ACWA Power Barka is expecting losses of approximately OMR 2 million ($5.2 million) due to a technical problem in a gas turbine at the company’s power and water station in Oman, located 60 kilometers north of Muscat. The incident at the …
Companies Investments
The Benban Solar Park in Aswan will be be the biggest solar installation in the world
9 January 2018 06:38 PM Acwa Power to build 3 solar plants in Egypt
Cairo - Mubasher: Acwa Power has finalized agreements to establish three photovoltaic (PV) projects in the biggest solar power complex in Aswan, Egypt. The $190 million projects will have a capacity of 165.5 Mega Watt peak (MWP). “Our first …
Companies Investments
Acwa Power posted profits of OMR 3.6 million ($9.3 million) in Q2-17, compared to OMR 3.13 million ($8.1 million) in Q2-16
17 July 2017 06:34 PM Acwa Power profits surge 15% in Q2
Mubasher: Acwa Power Barka said its profits increased 15% in the second quarter of 2017, compared to the same period in the previous year. The Omani power company posted profits of OMR 3.6 million ($9.3 million) in Q2-17, compared to OMR 3.13 …
Financial Results
Market cap lost 0.47% to reach OMR 17.9 billion
9 June 2017 02:32 PM MSM loses 81 pts in week
Mubasher: The main index of Muscat Securities Market (MSM) fell 1.48% or 80.64 points to reach 5,354.77 points in the week ended 8 June. The industry sector topped the losing sectors and levelled down 1.61%, followed by the financial and services …
Trading Activities
The board also approved the company’s audited financial statements
8 June 2017 01:45 PM Acwa Power approves OMR 3.7m in dividends
Mubasher: Acwa Power Barka’s board of directors on Wednesday approved distributing cash dividends from the retained earnings for the first four months of 2017. Distributions represent 23% of the capital with a total value of OMR 3.68 million, as …
Cash Dividends
(Photo Credit: Company website)
27 April 2017 10:42 AM Acwa Power losses near OMR 1m in Q1
Mubasher: Acwa Power Barka on Thursday announced turning to losses in the first quarter of 2017, compared to the same quarter of 2016. The company logged OMR 977,000 ($1.37 million) in losses in Q1-17, against profits of OMR 2.47 million ($3.47 …
Financial Results
(Photo Credit: Company website)
23 March 2017 02:22 PM Acwa Power approves 56 baisas/shr dividends during 2017
Mubasher: Acwa Power Barka Company’s ordinary general meeting (OGM) and extraordinary general meeting (EGM) approved distributing cash dividends of 56 baisas per share for 2017, according to a company statement. The board of directors was …
Cash Dividends
Net profits reached OMR 8.833 million in the ten-month period of 2016 (Photo Credit: Arabianeye-Reuters)
14 December 2016 10:08 AM ACWA Power to distribute OMR 4m dividends
Mubasher: ACWA Power Barka said its board approved on 13 December the distribution of 25% cash dividend amounting to OMR 4 million, based on the retained earnings as per audited financial statements as at 31 October 2016. The record date for …
Corporate Actions
Phoenix Power recorded the highest gains in Q3-16 with a net profit of OMR 10.94 million (Photo credit: Company's website)
8 November 2016 03:30 PM MSM-listed energy firms’ Q3 profit rises 1.3%
By: Salama Abdulrahman Mubasher: The financial statements of the energy companies listed on the Muscat Securities Market (MSM) showed a year-on-year growth in their total net profits for the third quarter of fiscal 2016. Total profits of 11 listed …
Financial Results
One of Acwa Power's projects (Photo Credit: Company Website)
13 October 2016 09:48 AM Acwa Power's Q3 profits down 16%
Mubasher: Acwa Power Barka reported a 16% decline in its profits for the third quarter of 2016, according to unaudited financial results. The company earned OMR 2.75 million ($7.12 million) in Q3-16, compared with OMR 3.27 million ($8.46 million) …
Financial Results
The 2nd phase will produce 12.5 million gallons of water per day - (Photo Credit: Company Website)
21 September 2016 02:32 PM Acwa Power to carry out expansion of water treatment station
Mubasher: Acwa Power Barka announced receiving an official letter of approval from the Oman Power and Water Procurement Company to complete the second phase of the project to expanding water treatment station, according to the company’s statement. …
Companies Investments
Phoenix power posted the highest profits for Q2-16 with OMR 10 million (Photo credit: Company's website)
28 August 2016 01:37 PM Omani power firms’ profits rise 5.4% in Q2
By: Salama Abdulrahman Mubasher:  The financial statements of the power companies listed in the Muscat Securities Market (MSM) for the second quarter of fiscal 2016 showed an increase of 5.4% in their profits, compared to the same period of 2015. …
Sector Reports
One of Acwa Power's projects (Photo Credit: Company Website)
14 July 2016 11:24 AM Acwa Power Q2 profits grow 13%
Mubasher: Acwa Power Barka reported a 13.3% rise in its second-quarter profits, according to a bourse statement. Profits amounted to OMR 3.15 million ($8.15 million) in Q2-16, compared to OMR 2.78 million ($7.2 million) in Q2-15. Profits increased …
Financial Results
One of Acwa Power's projects (Photo Credit: Company's Website)
16 June 2016 09:40 AM Acwa Power approves 18% dividends
Mubasher: Acwa Power Barka’s board approved 18% cash dividend payout on 15 June, based on the retained earnings as per audited financial statements as at 30 April. The company will distribute a total of OMR 2.88 million, according to a bourse …
Management Decisions
Photo Archive
28 January 2016 11:32 AM Acwa Power posts 8% decrease in annual profit
Mubasher: Acwa Power Barka Company said Thursday that last year’s profit shrank 8% to OMR 10.5 million, versus OMR 11.4 million in 2014. Total earnings reached OMR 65.4 million in 2015, compared to OMR 45.27 million a year earlier. The …
Financial Results
14 January 2016 05:42 PM Disclosure of Initial Unaudited Financial Results for the Year Ended December 31, 2015
ACWA Power Barka SAOG is pleased to disclose the following initial un-audited financial results for the Year ended December 31, 2015.    December 31, 2015 RO ‘000 Unaudited December 31, 2014 RO ‘000 Audited Percentage Change Total Revenue 65,411 …
Photo credit: Arabianeye - Reuters
20 December 2015 00:10 PM Acwa Power approves 15% cash dividends
Mubasher: Acwa Power Barka’s board announced on Thursday that the company will pay a 15% cash dividends worth OMR 2.4 million from retained earnings, according to the unaudited financial reports for the year ended 31 December 2014. Listed in …
Management Decisions
Photo Credit: Arabianeye-Reuters
5 November 2015 10:21 AM Acwa Power completes Phase I of water project
Mubasher: Acwa Power Barka said that Phase I of 12.5 MIGD SWRO water expansion project Phase II has successfully completed its acceptance tests. The project is now producing and delivering the potable water to the national grid, according to a …
Companies Investments
Photo Credit: Arabianeye-Reuters
16 June 2015 00:28 PM Acwa Power Barka to pay dividends 25 June
Acwa Power Barka said that the board of directors approved the unaudited financials for the period from 1 January until 30 April.The company which is listed on Muscat Securities Market (MSM) reported OMR 14.096 million revenues as compared to OMR …
Company News
16 June 2015 08:10 AM Meeting of Board of Directors of ACWA Power Barka SAOG - Important Decisions
A meeting of Board of Directors of ACWA Power Barka SAOG (the Company) was held on 15th June 2015. The Board unanimously made the following decision: The Board reviewed and approved the unaudited financials of the Company for the period January …
22 April 2015 00:06 AM Replacement of a Representative of a Juristic Member on the Board of Directors
We would like to inform you that Multitech LLC has replaced its representative director Mr. V.S. Shenoy on the Board of ACWA Power Barka SAOG and has nominated Mr. D. Nagraj with immediate effect. The Company has received Mr. Nagraj’s director …