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
Mr. Mohammad Abunayyan, Chairman of ACWA Power Projects (APP), had signed agreement with His Excellency Dr. Abdullah Al-Othman, Rector of King Saud University (KSU), to establish and sponsor a chair focused on research in water …Read full article » Saudi Arabia: Saturday, July 19 - 2008 @ 09:56
Since inception in October 2004, ACWA Power has been a trailblazer by establishing an enviable track record of consistently exceeding expectations in the MENA Power and Water landscape.
This is on the back of its …Read full article » : Wednesday, June 04 - 2014 @ 11:28
ACWA Power is pleased to announce the successful closing of its SR1,775m (c. $475m) 5 year revolving corporate facility structured on a fully sharia compliant commodity murabaha basis with four leading Saudi financial institutions.
These …Read full article » : Tuesday, December 17 - 2013 @ 09:50
It is considered the main Water and Power industry event in Saudi Arabia, as the Kingdom is facing major challenges in the production and water desalination, conservation, under conditions of water scarcity. In recent decades, …Read full article » Saudi Arabia: Tuesday, September 28 - 2010 @ 15:14
Over the last five years, ACWA Power received more than ten distinguished awards for its projects, initiatives, growth, CSR programs, and project financing models. The recognizing bodies included SAGIA, Project Finance International, Global Water Intelligence, …Read full article » United Arab Emirates: Tuesday, March 16 - 2010 @ 10:45
ACWA Power International – majority stake owner in Central Electricity Generating Company (CEGCO) which specializes in developing power generation and desalinated water production plants across the Middle East – hosted on 5 June, 2014, the …Read full article » : Sunday, June 08 - 2014 @ 15:30
The remaining stake in Barka 1 IWPP is owned by Multitech LLC at 7%, while the other 35% is publicly owned as shares floated in the Muscat Security Market.
Last December ACWA Power announced winning the …Read full article » Oman: Monday, August 23 - 2010 @ 14:43
Concurrently, ACWA Power International announced that it has acquired ACWA Power Projects, the leading developer and operator of seawater desalination and power generation plants in Saudi Arabia.
This move by ACWA Power International will build on …Read full article » Saudi Arabia: Wednesday, October 29 - 2008 @ 14:00