Wednesday 23 May 2018
ACWA Power International

ACWA consortium to build $1.36bn Saudi plant

A consortium led by ACWA Power International has entered into a power purchase agreement with Saudi Electricity Company (SEC) to finance, build and operate the Rabigh 2 power project, said the company in a statement on Saturday. T


ACWA seals Oman power plant deal

Saudi-based ACWA Power International said it has successfully completed the deal to purchase a 58 per cent stake in the Barka 1 Independent Water and Power Project (IWPP) in Oman. ACWA, a leading developer, owner and operator of power gene


ACWA gets $2bn funding for Rabigh plant

Saudi Arabia's ACWA Power International has secured $2 billion financing for its Rabigh power plant projects, its chief executive said on Monday. ACWA has secured $1.4 billion of that financing from Saudi banks and the remainder from a

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