ACWA POWER Co. (2082)

• Stock
• Company Profile
• News
• Announcements
• Fair Values
• Corporate Actions
• Earning Announcements
• News Reports
• Major Shareholders
• Volume Statistics
• Financial Ratios
• IPOs
• Financial Statements
• Support and resistance
• More

News

28 December 05:31 PM ACWA Power signs $400m deal for desalination plant in Azerbaijan

Riyadh – Mubasher: ACWA Power Company inked a public-private partnership agreement with the government of Azerbaijan, represented by Azerbaijan State Water Resources Agency (ADSEA), at a value of $400 million (SAR 1.50 billion). The deal covers …

Companies Investments

23 December 11:41 PM Global firm KKR unveils 1st investment in Saudi Arabia through partnership with ACWA Power

Riyadh – Mubasher: US private equity company KKR has entered into a strategic financing transaction with ACWA Power in a transaction that marks the first investment for KKR in Saudi Arabia, according to a press release. The collaboration …

Global Economy

16 December 09:53 AM ACWA Power boosts energy, water projects in Africa via $5bn financing with AfDB

Riyadh – Mubasher: ACWA Power Company has signed a cooperation framework with the African Development Bank (AfDB) to expand investment and financing of power generation and water desalination projects across the African continent. Both sides plan …

Banking and Finance

9 December 04:19 PM ACWA Power, Bapco Energies to establish integrated solar power plant

Riyadh – Mubasher: ACWA Power Company and Bapco Energies signed a joint development agreement to establish a solar power plant integrated with large-scale battery energy storage technology in the Eastern Province of Saudi Arabia. The announcement …

Companies Investments

3 November 11:09 AM ACWA Power’s revenues hike to SAR 5.3bn in 9M-25

Riyadh – Mubasher: ACWA Power Company generated net profits valued at SAR 1.28 billion in the first nine months (9M) of 2025, up 2.01% from SAR 1.25 billion in 9M-24. Revenues increased by 17.81% year-on-year (YoY) to SAR 5.37 billion in 9M-25 …

Financial Results

19 October 09:18 AM ACWA Power’s affiliate closes SAR 10.8bn financing for Qurayyah CCGT IPP project

Riyadh - Mubasher:  Hajar Two Electricity Company, an affiliate of ACWA Power company, has achieved financial close of the Qurayyah CCGT IPP expansion project in the Eastern province of Saudi Arabia at an amount of SAR 10.80 billion ($2.90 …

Banking and Finance

24 August 08:42 AM ACWA Power secures SAR 12.8bn from regional, global banks for CCGT power plants

Riyadh - Mubasher: ACWA Power company achieved the financial close for two large-scale combined cycle gas turbine (CCGT) power plants at a value of SAR 12.80 billion ($3.40 billion). Located in Riyadh and the Eastern province of Saudi Arabia, …

Banking and Finance

21 August 08:10 PM ACWA Power commences operations at 3 solar IPPs in Saudi Arabia

Riyadh - Mubasher: ACWA Power company has received commercial operation certificates for three major solar projects in Saudi Arabia, holding a 50.10% stake in each, according to separate press releases. In the Qassim Region, Nawwar Renewable …

Companies Investments

11 August 03:32 PM SNB Capital leads SAR 7.1bn rights issue for ACWA Power; region’s largest capital hike

Riyadh - Mubasher: SNB Capital has completed a SAR 7.10 billion ($1.90 billion) rights issue for ACWA Power on the Saudi Exchange (Tadawul), marking one of the region's largest capital increases by value. The transaction involved issuing 33.93 …

Companies Investments

31 July 09:47 PM ACWA Power registers SAR 909m profits in H1-25

Riyadh – Mubasher: ACWA Power Company recorded net profits valued at SAR 908.97 million in the first half (H1) of 2025, down 1.92% year-on-year (YoY) from SAR 926.79 million. Revenues amounted to SAR 3.71 billion as of 30 June 2025, higher by …

Financial Results

14 July 01:33 PM ACWA Power inks SAR 31.1bn agreements for solar plants in Saudi Arabia

Riyadh – Mubasher: ACWA Power Company signed power purchase agreements for five large-scale photovoltaic (PV) solar plants located in the central, western and southern regions of Saudi Arabia. The plants are Afif1, Afif2, Humaij, Bisha and Khulis, …

Companies Investments

29 May 06:30 AM ACWA Power, Malaysia enter into strategic partnerships with investments up to $10bn

Riyadh – Mubasher: ACWA Power Company and key Malaysian entities inked strategic partnership agreements, with an initial investment value of up to $10 billion, according to a press release. During the ASEAN-GCC Summit in Kuala Lumpur, the Saudi …

Companies Investments

21 May 09:22 AM CMA approves ACWA Power’s capital raise

Riyadh – Mubasher: The Capital Market Authority (CMA) approved the capital hike request of ACWA Power Company through the issuance of rights shares valued at SAR 7.12 billion. The Saudi power giant submitted the increase request in December 2024, …

Companies Investments

11 May 08:58 AM ACWA Power’s profits exceed SAR 427m in Q1-25; operating income leaps 117%

Riyadh – Mubasher: ACWA Power Company logged net profits valued at SAR 427.15 million in the first quarter (Q1) of 2025, higher by 44.22% than SAR 296.17 million in Q1-24. Revenues increased by 57.15% year-on-year (YoY) to SAR 1.96 billion in …

Financial Results

7 April 10:14 AM ACWA Power begins commercial operation at wind power plant in Uzbekistan

Riyadh – Mubasher:  ACWA Power Company has commenced commercial operations at the 500-MW Bash wind power plant in Uzbekistan, according to a bourse disclosure. ACWA Power, which holds a 65% stake in the project, expects that the financial impact …

Companies Investments

31 March 07:25 PM Social Development Bank announces SAR 1.7bn total financing in Q1-25

Riyadh – Mubasher: The Social Development Bank (SDB) registered total financing of more than SAR 1.70 billion during the first quarter (Q1) of 2025, benefiting more than 20,000 citizens and enterprises. Meanwhile, the total financing for …

Banking and Finance

31 March 06:37 PM Mitsubishi Power to supply gas turbines for projects in Saudi Arabia

Riyadh – Mubasher: Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries (MHI), recently received two major supply orders for the Rumah-1 and Al-Nairyah-1 Independent Power Plant (IPP) projects in Saudi Arabia, according to a …

Companies Investments

25 February 09:18 AM ACWA Power sees higher profits in 2024; total investments hit $97.2bn

Riyadh – Mubasher: The net profits of ACWA Power Company increased by 5.74% year-on-year (YoY) to SAR 1.75 billion at the end of 2024 from SAR 1.66 billion in 2023. The Saudi group posted revenues valued at SAR 6.29 billion in 2024, an annual rise …

Financial Results

23 February 04:03 PM More details unveiled about Egypt’s largest wind farm by ACWA Power

Riyadh – Mubasher: ACWA Power will be carrying out the largest wind farm in Egypt with a significant investment of approximately $2.30 billion, according to a press release. The new project is surpassing the company's existing 1.1 GW Suez Wind …

Global Economy

19 February 08:05 PM ACWA Power acquires $693m assets in Kuwait, Bahrain

Riyadh – Mubasher: ACWA Power inked a share purchase agreement (SPA) with the regional subsidiary of French utility developer ENGIE to acquire assets valued at $693 million in Kuwait and Bahrain, according to a press release. This acquisition …

Mergers and Acquisitions

18 February 06:36 PM ACWA Power rolls out SAR 8.6bn deal for energy project in Egypt

Riyadh – Mubasher: ACWA Power inked a power purchase agreement (PPA) valued at SAR 8.60 billion for a wind energy project in Egypt, according to a bourse statement. The Saudi company will develop, build, own, and operate a wind power generation …

Companies Investments

5 February 09:31 PM ACWA Power pens SAR 2.5bn agreement with SWPC

Riyadh – Mubasher: ACWA Power Company inked a water purchase agreement (WPA) with the Saudi Water Partnership Company (SWPC) at a value of SAR 2.50 billion, according to a bourse filing. The 25-year deal covers the development, construction, …

Companies Investments

2 February 04:39 PM ACWA Power cooperates with Italian gov’t-owned SACE to endorse renewables

Riyadh – Mubasher: ACWA Power Company has signed two strategic documents with SACE, the Italian insurance and financial group fully owned by the Italian Ministry of Economy and Finance, to cooperate on new business opportunities focused on …

Companies Investments

28 January 01:52 PM ACWA Power, Snam to establish green hydrogen supply chain in Europe

Riyadh – Mubasher: ACWA Power has signed a memorandum of understanding (MoU) with Snam, a leading European operator in natural gas transportation, to establish a supply chain of green hydrogen to Europe. The two parties will explore collaboration …

Companies Investments

16 January 02:27 PM OPEC Fund commits $30m for Africa’s largest wind power project

Cairo - Mubasher: The OPEC Fund for International Development unveiled $30 million investments to co-finance Africa’s largest onshore wind power project, according to a press release. The financing includes the development of two 550 megawatts …

Companies Investments