ACWA Power’s success continued into February with the award, in London, for the “Islamic Deal of the Year” for the Qurayyah Power project by Euromoney Magazine and the Best Electricity Project at the Saudi BuildInfra …Read full article » United Arab Emirates: Tuesday, March 13 - 2012 @ 16:34
In addition to the above, ACWA Power also announced the completion of the sale of a minority stake in Enara to International Finance Corp (IFC), a member of the World Bank Group.
Earlier on June 2, …Read full article » Jordan: Monday, August 22 - 2011 @ 13:48
The newly-developed project will generate power in Morocco by using Concentrating Solar Power “CSP” parabolic trough technology.
The 160 MW Ouarzazate CSP Project is a greenfield Independent Power Project (IPP) to be developed as the first …Read full article » Saudi Arabia: Tuesday, November 20 - 2012 @ 14:33
JDC owns a 65% stake in Enara Energy Investments PSC (Enara), which in turn holds 51% ownership of CEGCO. ACWA Power will acquire 65% of Enara from JDC. The transaction values 51% of CEGCO at …Read full article » Jordan: Saturday, June 04 - 2011 @ 17:05
This PV plant operates within the parameters of the Renewable Energy Act of Bulgaria that was enacted in May 2011 whereby a Feed in Tariff (FiT) framework was established with a 20-year fixed tariff for …Read full article » Saudi Arabia: Monday, July 09 - 2012 @ 14:49
The signing ceremony was held in the Four Seasons Hotel in Riyadh witnessed by a large number of guests especially H.E. Dr. Khalid Al-Sulaiman the Deputy Minister of Commerce and Industry for Industrial Affairs, H.E. …Read full article » Saudi Arabia: Saturday, February 20 - 2010 @ 10:53
The partnership will focus on the successful pursuit of large-scale industrial gas opportunities within the Kingdom of Saudi Arabia and the GCC.The partnership will support the Kingdom’s speedy economic development by achieving operational excellence, efficient …Read full article » Saudi Arabia: Thursday, October 18 - 2012 @ 09:20
In addition to the foregoing, ACWA Power Barka also raised new non-recourse RO denominated debt of $43.1m (RO16.6m) (Expansion Facility) for funding its expansion project comprising the 10 MIGD (c. 45,600 cubic metres per day) …Read full article » Oman: Monday, November 12 - 2012 @ 09:20