About us

Our story of progress and purpose.

At Acwa, we exist to create lasting progress for people and the planet. We go beyond infrastructure to enable possibility, delivering the essential resources that power opportunity and support human advancement. Guided by a belief in human potential, we build with purpose, lead with responsibility, and act with the ambition to leave a meaningful legacy for generations to come.

Established in 2004 by Muhaidib Group, MADA Group, and Abdullah Abunayyan Trading Company as founding partners, Acwa is a Saudi Listed Joint Stock Company (Tadawul: 2082 – ACWA Power Co.), headquartered in Riyadh.

With a global portfolio spanning 111 assets across 16 countries, we manage an assets under management (AUM) value of US$ 125.0 billion with the capacity to generate 98.0 GW of power and produce 9.7 million cubic meters of desalinated water each day. Supported by more than 4,000 employees, nearly 60 percent of whom are local hires, we ensure that renewable energy and water solutions remain reliable, affordable, and sustainable for millions of people around the world.

Our values

Our success is built on more than the scale of our projects or the reach of our portfolio. What defines us is the way we work and the principles that guide every decision we make. Our three core values reflect the standards we uphold as a company and as individuals, shaping how we deliver power, renewable energy, and water solutions for communities worldwide.

Impact

We are committed to making a positive impact on people, communities, the environment, and all those we serve. As trailblazers in our industry, we deliver excellence and high performance with a focus on safety, creating transformative progress and long-term value in everything we do.

Ingenuity

We embrace creativity, bold thinking, and smart problem-solving to stay ahead in a fast-changing world. Through continuous innovation and challenging conventional thinking, we overcome complex challenges and drive progress while safeguarding our people and ecosystem, building a culture that inspires excellence across the organization.

Integrity

We uphold the highest professional and ethical standards in how we treat one another, conduct business, and serve our communities, partners, and stakeholders. Our commitment to integrity, transparency, and accountability builds trust, emphasizing safety and care, making us a reliable and respected partner.

Our mantra

Create value and drive progress for people and the planet.

What our leaders say

“We are entrusted with the responsibility to provide essential services that sustain life. Water fuels life and power fuels economic growth and development. We deliver essential services like water and power competitively, reliably and sustainably, irrespective of short-term market forces. That's why there will always be a need for water and power to fuel life, and Acwa will supply this need.”

Mohammad Abunayyan
Founder and Chairman of the Board of Directors

Our corporate video

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