ACWA Power

ACWA Power
Company typePublic
IndustryElectricity
Founded2004
Headquarters,
Saudi Arabia
Key people
  • Mohammad Abdullah Abunayyan (Chairman)
  • Raad Al-Saady (Vice Chairman and Managing Director)
  • Marco Arcelli (Chief Executive Officer)
ProductsElectric power
water
Number of employees
4,000
Websiteacwapower.com

ACWA Power is a developer, investor, co-owner and operator of a portfolio of power generation and desalinated water production plants with a presence in 14 countries across the Middle East, Africa, and central and southeast Asia. ACWA Power's portfolio of projects in operation and development has an investment value of USD 107.5 billion, and a capacity of 78.85 GW of power and produce 9.5 million m3 /day of desalinated water.

Its energy portfolio includes thermal power plants, solar power plants (photovoltaic (PV) and concentrated solar power (CSP)), wind, water desalination plants, and green hydrogen projects.