#ACWA Power

ACWA Power

ACWA Power, OQ, and Air Products sign agreement to build green hydrogen-based ammonia facility in Oman

The facility would be powered by renewable energy and produce green energy products

Image courtesy- ACWA Power

ACWA Power reports net profit of SAR152m in Q1 2022

ACWA Power earned an operating income before impairment loss and other expenses of SAR517m, which was 19.5 per cent higher than the same period in 2021

EFG Hermes completes advisory on $6.1 bn DEWA IPO

EFG Hermes has advised on other landmark listings such as ACWA Power’s offering on Tadawul and ADNOC Drilling’s milestone IPO on ADX

Aramco and ACWA Power look to join Saudi carbon trading exchange

The kingdom’s sovereign wealth fund signed non-binding memorandums of understanding with five companies

DEWA NEW CENTRE

Dubai’s DEWA inaugurates new visitor centre in fourth phase of mega solar park

The 950MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park has investments totalling Dhs15.78bn based on the IPP model

Saudi Arabia: EFG Hermes completes advisory on listing of ACWA Power

The listing is one of the largest offerings in the kingdom since Saudi Aramco’s IPO in 2019

Biggest Saudi IPO since Aramco jumps 30% on trading debut

ACWA Power is now valued at $14.2bn, making it one of the biggest listed companies in Riyadh

Solar Energy Masdar Armenia

Biggest Saudi IPO since Aramco set for Riyadh trading debut

Initial demand amounted to several billion dollars

Saudi Aramco, Air Products, ACWA Power, and Air Products Qudra sign agreements for $12bn JV in Jazan

The consortium is expected to increase job opportunities

Aramco joins group building giant solar plant in Saudi Arabia

The plant will start producing power in second half of 2022

Saudi’s ACWA Power inks agreement with Neutral Fuels for Red Sea project

According to the agreement with ACWA Power, Neutral Fuels biofuel is set to power the site’s entire transportation network

ACWA Power set to bid in South Africa’s next renewable auction

ACWA has proposed various projects in South Africa, from a coal-fired plant to a solar and battery project

ACWA Power inaugurates kingdom’s first renewable energy project

The project was awarded to an ACWA Power led consortium

Saudi Arabia’s ACWA Power to build wind park in Azerbaijan

Azerbaijan plans to increase the share of clean energy in electricity generation to 30 per cent over the next decade

Saudi Arabia’s Acwa Power set to raise $1bn in sukuk sale

The sukuk will be used to help fund Acwa’s share of an $8bn acquisition of gasification and power assets at Jazan

Shanghai Electric awarded contract for 5th phase of Dubai solar park

The Solar Park project is the largest single-site solar power plant in the Middle East

Abu Dhabi’s ADPower solar project receives world’s lowest tariff bid

The 2GW Al Dhafra Solar PV project is slated for completion in the second quarter of 2022

Saudi Arabia’s ACWA Power plans to raise up to $1bn

The company is in talks with local banks about the potential deal that would be denominated in Saudi riyals