• 27+ GW

    of power

    power
  • 3 million M3 day

    of desalinated water

    water

Press Releases

  • EBRD, ACWA Power and Numerco partner to deliver carbon neutral Annual Meeting

    EBRD, ACWA Power and Numerco partner to deliver carbon neutral Annual Meeting

    Thursday, 19 July 2018

    ACWA Power recently partnered with the European Bank for Reconstruction and Development (EBRD), and Numerco, a company specialising in sourcing and supply chain optimisation, to offset the carbon footprint of the twenty-seventh EBRD Annual Meeting and Business Forum.

    The EBRD started purchasing carbon credits to make its Annual Meeting carbon-neutral since 2013; in previous years, it made investments in energy efficiency to off-set emissions. The Bank is currently in the process of making its entire operations carbon-neutral.

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  • ACWA Power signs an investment agreement with Central Energy Fund for Redstone CSP Plant

    ACWA Power signs an investment agreement with Central Energy Fund for Redstone CSP Plant

    Friday, 13 July 2018

    100MW solar power project to start construction this year, suppling power to 210,000 South African homes even during evening peak demand periods once operational.

    In the presence of the President of South Africa, H.E. Cyril Ramaphosa, on the occasion of his State Visit to the Kingdom of Saudi Arabia, a cooperation agreement was entered into by the Central Energy Fund of South Africa and ACWA Power, a leading Saudi Arabian developer, owner, and operator of power generation and water desalination plants.

     

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  • Public Investment Fund acquires significant stake in ACWA Power

    Public Investment Fund acquires significant stake in ACWA Power

    Wednesday, 4 July 2018

    Riyadh, Kingdom of Saudi Arabia, for immediate release, 4th July, 2018: The Public Investment Fund of Saudi Arabia and International Company For Water And Power Projects (“ACWA Power” or the “Company”), a leading developer, owner, and operator of power generation and water desalination plants, today jointly announce the acquisition a significant stake by the Public Investment Fund (“PIF”) in ACWA Power.

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  • ACWA Power Inaugurates 120MW Khalladi Windfarm in Morocco

    ACWA Power Inaugurates 120MW Khalladi Windfarm in Morocco

    Sunday, 1 July 2018

    ACWA Power today inaugurated its 120 MW Khalladi wind farm in Tangier, which will supply clean power to a number of large industrial companies, mainly operating in the cement sector in Morocco at competitive prices.

    The wind farm, developed by ACWA Power in collaboration with ARIF investment fund, and located at Jbel Sendouq, 30 km from Tangiers, represents an investment of 1.7 billion dirhams (~170 million USD).

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