ACWA Power

We are a leading private developer, investor and operator of 77 power generation and water desalination projects in operation, construction and advance development with an overall estimated portfolio size of SAR 293.1 billion at project cost as of 31 May 2023. Our unique “Develop-Invest-Operate-Optimize” business model encompasses the entire lifecycle of an asset. We develop projects, invest in them, operate them, and continually look into how we can optimize their financial structures to allow us to allocate and extract returns across the lifecycle of the asset. Our overall strategy is to be at the forefront of energy transition by delivering reliable and responsible power, desalinated water and green hydrogen at low cost in the Kingdom of Saudi Arabia, the wider GCC and attractive high-growth markets based on a de-risked and contracted business model. We have a compelling equity story founded on solid competitive strengths that include our project development mastery underpinned by the "ACWA Power Total Solution"; high-quality contracted portfolio with diversified cashflows; business model configured to extract returns across the project’s lifecycle; seasoned management with strong in-house multi-disciplinary team of experts; critical mass in high-growth markets with visible growth pipeline; and long-term buy-in from strategic shareholders.