Tuesday, 28th September 2021
Aramco, Air Products, ACWA Power and Air Products Qudra announced that they have signed agreements for the asset acquisition and project financing of an air separation unit (ASU)/gasification/power joint venture (JV) in Jazan Economic City valued at $12 billion.
Monday, 23rd November 2020
Acwa Power International, a developer, investor, and operator of a portfolio of power generation, is planning to raise about $1 billion by selling Islamic bonds early next year.
Tuesday, 20th August 2019
ACWA Power is comparing three bids from Siemens, General Electric, and Mitsubishi Electric to supply production units for its 2.25 gigawatt (GW) Luxor power plant.
Tuesday, 25th June 2019
The Chinaese Silk Road Fund has become a leading partner and shareholder in ACWA Power Renewable Energy Holding (ACWA Power RenewCo).
Tuesday, 19th February 2019
ACWA Power and the Ministry of Petroleum and Mineral Resources agreed to pay $90 million to deliver natural gas through a pipeline connected to the company's electric power plant in Luxor.
Thursday, 15th November 2018
The Ministry of Electricity and Renewable Resources has agreed with Saudi renewable energy company ACWA Power the purchasing price of energy generated by the planned Luxor power plant.
Tuesday, 6th November 2018
ACWA Power Company, in cooperation with Hassan Allam Group, will establish a $2.3 billion gas-fired combined cycle electricity generating plant with a 2300 MW production capacity.
Monday, 5th November 2018
Abu Dhabi’s Department of Energy is currently studying tenders for its Taweelah desalination plant.
Sunday, 28th October 2018
Saudi Arabian company ACWA Power plans to invest $658 million in South Africa, it announced on October 26.
Wednesday, 24th October 2018
Saudi Aramco announced that it has signed 15 preliminary deals and strategic and commercial collaborations worth more than $34 billion.