Tag: ACWA Power
Saudi Arabia-Azerbaijan sign $300mn renewable energy deal
Saudi Arabia and Azerbaijan have signed a landmark agreement worth $300 million for renewable energy projects in the Caspian country.
The Kingdom's energy leader, ACWA...
Dubai to have world’s largest energy storage capacity by 2030
Dubai is set to have the largest energy storage capacity in the world once the fourth phase of the Mohammed bin Rashid Al Maktoum...
Saudi ACWA Power to raise $1bn from Sukuk issue
Saudi Arabia-based power plants developer ACWA Power International is reportedly looking to raise close to $1 billion through a Sukuk issue early next year.
A...
Saudi’s PIF raises stake in ACWA Power to support energy sector
The sovereign wealth fund of Saudi Arabia, Public Investment Fund (PIF) said that it has raised its stake in Riyadh-based ACWA Power from 33.6...
Saudi ACWA Power sells 100% stake in Bulgarian Solar Plant
Saudi Arabian energy group ACWA Power has made a 100% disinvestment from 60.4 MWp Karadzhalovo photovoltaic (PV) power plant in Bulgaria
The ACF Renewable Energy...
Marvelous honor for ACWA Power; Bags 2020 Global Water Award
Saudi Arabian power company ACWA Power has won the Global Water Award's Desalination Plant of the Year honor for its 2nd expansion IWP project...
Acwa Power raises its stake in HEPC by partially acquiring Samsung...
The leading owner and operator of energy and desalinated water plants, ACWA Power has endorsed a share purchase agreement with Samsung C&T to obtain...
Saudi PIF seeking Elm Public Offer
Saudi Arabia’s sovereign wealth fund is contemplating an initial public offering of its information security company Elm. The $300 billion Public Investment Fund has...