ACWA Power
Company

Last deal

$2.6B
Local Amount - SAR 9.7B

Amount

Post-IPO Debt

Stage

29.08.2024

Date

10

all rounds

$6.2B

Total amount

General

About Company
ACWA Power develops, invests, co-owns, and operates power generation, renewable energy, and desalinated water plants.

Industry

Sector :

Subsector :

Keywords :

Also Known As

ACWA, ACWA Power Company

founded date

01.01.2004

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Debt

IPO status

Private

Description

ACWA Power Barka SAOG, based in Oman, engages in developing, financing, designing, constructing, operating, maintaining, insuring and owning power generating stations, water desalination plants and other infrastructure. The company operates in two segments, Base Plant and Expansion Plants, which include power production, Multi-Stage Flash Distillation facilities, and Reverse Osmosis based water production facilities. ACWA Power's business is regulated by project agreements with government entities and financing agreements with project lenders. The company delivers essential power and water across three continents, impacting millions of lives every day, and is committed to driving the transition to a carbon-free, greener future.
Contacts