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November 3, 2025
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HomeACWA Power

ACWA Power

P.O. Box 22616 Riyadh-11416
Kingdom of Saudi Arabia
Tel: +966 11 2835555
Fax: +966 11 2835500
www.acwapower.com

Finance

ACWA Power led consortium achieves financial close for the US$1.59 billion Red Sea Project

February 24, 2022 SaudiGulf Projects

A consortium led by ACWA Power, and composed of SPIC Huanghe Hydropower Development Company and Saudi Tabreed Cooling Company, has achieved financial close for the …

Power

ACWA Power held groundbreaking ceremony for 240MW wind plant in Azerbaijan

January 14, 2022 SaudiGulf Projects

The Azerbaijani Ministry of Energy and ACWA Power held a groundbreaking ceremony for the 240 MW wind power plant with an investment value of SAR …

Power

ACWA Power signed $108m 100MW wind project in Uzbekistan

December 20, 2021 SaudiGulf Projects

ACWA Power announced in a statement that it has finalised the project agreements for the 100MW Nukus wind project in the Republic of Uzbekistan. Valued …

Finance

ACWA Power announces financial close for Sudair Solar PV Plant

August 15, 2021 SaudiGulf Projects

ACWA Power announced in a statement regarding the financial close for the 1500 MW Sudair Solar PV plant, a key project under the Public Investment …

Power

ACWA Power led consortium signed $906.6m Sudair Solar PV Project

April 9, 2021 SaudiGulf Projects

The Public Investment Fund (PIF), Saudi Arabia announced in a statement regarding the signing a power purchase agreement (PPA) of Sudair Solar PV Plant, with …

Solar PV Image
Power

Saudi Arabia signed Power Purchase Agreement for 2,970MW Solar PV Projects

April 8, 2021 SaudiGulf Projects

Saudi Arabia announces the Signing of Power Purchase Agreement (PPA) for seven Solar PV Projects of total capacity 2,970MW. The projects are located in Al …

Finance

ACWA Power announces the financial closure of Jubail 3A IWP

September 7, 2020 SaudiGulf Projects

Saudi Arabia’s ACWA Power, announced in a statement the the successful signing of senior financing agreements, financial closure of Jubail 3A IWP (Independent Water Producer) …

Power

ACWA Power awards EPC contract for MBR Solar Park Phase 5

July 28, 2020 SaudiGulf Projects

ACWA Power announced the awarding of Engineering, Procurement and Construction (EPC) contract for the  Mohammed bin Rashid Al Maktoum, MBR Solar Park, Phase 5. The …

Water

ACWA Power led consortium submitted lowest bid for Jubail 3A IWP

March 25, 2020 SaudiGulf Projects

Saudi Water Partnership Company (SWPC), formerly known as Water & Electricity Company (WEC) announces the prices for Jubail 3A Independent Water Producer Project, IWP. The …

Power

Acwa Power submits lowest bid for Saudi Arabia’s Rabigh-3 IWP

August 5, 2018 SaudiGulf Projects

On 02/08/2018, Water & Electricity Company announces the bid results for Saudi Arabia’s Rabigh-3 IWP. Following is the bid results : Levelised Water Cost – …

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Power

ACWA Power Signs road map for 200 MW onshore-wind and BESS Project in Azerbaijan

October 18, 2023

ACWA Power announced in a statement that the Company and the Azerbaijan Renewables Energy Agency (AREA) under the Ministry of Energy of Azerbaijan have officially …

Power

L&T submits lowest bid of $30.9m for STATCOM Project in Saudi Arabia

April 25, 2021

Saudi Electricity Company (SEC) announces the bid results for the project, Installation of STATCOM at 9097 Switching station in Riyadh. Six bidders has submitted the …

Power

EICO submits the lowest bid of $12 million for 132/13.8kV Substation, Al Kharj

February 11, 2020

Saudi Electricity Company (SEC) announces the bid results for the project  “Construction of Howtah  Bani Tameem 132/13.8kV Substation (8720)” The Project locations will be in …

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