Accompanying HRH in the visit were H. E. Dr. Madani A. Alagi, the Chairman of Shuqaiq Water and Electricity Company (SqWEC) and H.E. Fehied F. Al Shareef, Governor of the Saline Water Conversion Corporation. The …Read full article » Saudi Arabia: Sunday, January 16 - 2011 @ 10:22
The Project Agreements were signed on 29 August 2012 by the Chairman of OPWP, H.E. Saud Bin Nasser Al Shukaily, and the Chief Executive Officer, Mr. Nadeem Rizvi, of ACWA Power Barka. A Usufruct agreement …Read full article » Oman: Sunday, September 02 - 2012 @ 16:24
IFC is investing about $10.5m to support ACWA Power’s acquisition of Enara Energy Investments PSC, which in turn owns 51% of Jordan’s Central Electricity Generating Company (CEGCO). IFC’s investment will support ACWA Power’s plans to …Read full article » Jordan: Thursday, July 07 - 2011 @ 17:30
The workshop will be held in cooperation with the Ministry of Water and Electricity in Saudi Arabia.
The workshop will present and discuss strategies for achieving systemic water efficiency gains in both public and private sector …Read full article » Saudi Arabia: Monday, April 11 - 2011 @ 11:21
This followed the partial refinancing of the SR370m construction period facilities with SR175.4m 7 year term loan from Saudi Industrial Development Facility (SIDF) in 2010.
Saudi Hollandi Bank has structured and arranged the SR140m refinancing under …Read full article » Saudi Arabia: Wednesday, July 13 - 2011 @ 15:42
The project, to be developed on a BOO (build, own, operate) basis, will be located at Qurayyah, on the eastern coast of Saudi Arabia, adjacent to existing SEC facilities. It will substantially increase power supplies …Read full article » United Arab Emirates: Wednesday, September 21 - 2011 @ 17:30
Malakoff owns a 25% stake in ENARA Energy Investment PSC (ENARA), which in turn holds 51% ownership of CEGCO. ACWA Power International has acquired this 25% stake in ENARA from Malakoff.
CEGCO is the largest power …Read full article » Jordan: Sunday, April 01 - 2012 @ 14:45
The transaction is based on a share purchase agreement with Sogex Oman and with the completion of this transaction ACWA Power has become the 100% owner of NOMAC.
“We are pleased to take full ownership …Read full article » Saudi Arabia: Wednesday, October 03 - 2012 @ 14:20
A consortium including ACWA Power, the largest private sector water and power company in Saudi Arabia and Taekwang Power Holdings Company Limited of Korea, announced that they signed a joint development agreement to develop Nam …Read full article » : Thursday, June 19 - 2014 @ 10:45
The Facility is sized at up to $300m. ACWA Power has initially accepted total commitments of $210m from four international banks; Standard Chartered Bank (Bookrunner & MLA), Citi (Bookrunner & MLA), Bank of America Merrill …Read full article » Saudi Arabia: Saturday, July 02 - 2011 @ 17:30