ACWA Power | Egypt Oil & Gas - Part 2

Saudi Aramco Signs 15 Deals Worth $34 B

Saudi Aramco announced that it has signed 15 preliminary deals and strategic and commercial collaborations worth more than $34 billion.

ACWA Power IPO Delayed: Sources

Saudi Arabia’s ACWA Power has reportedly delayed its plans for an initial public offering (IPO), originally expected for later this year.

ACWA Power Reaches Financial Closure of 3 Solar Plants in Answan

Saudi Arabia’s ACWA Power Company reached the financial closure for the development, construction, and operation of solar power projects at the Benban complex in Upper Egypt's Aswan.

Ministries Explore Options for New Power Plant

The Ministries of Electricity and Renewable Energy and Petroleum and Mineral Resources are negotiating alternative locations for the power plant planned for Dayrout.

El Molla Meets with ACWA Power CEO

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with the CEO of ACWA Power, Paddy Padmanathan, to review the company's energy and water-desalination projects in Egypt and the region.

Egypt Pushed Back Power Projects

The Egyptian government decided to postpone negotiations on five power projects for which it had signed memorandum of understandings (MoU) in Sharm El Sheikh in March 2015.

ACWA to Build 2250MW Power Plant in Dairut

The Egyptian Ministry of Electricity is moving forward with ongoing negotiations with Saudi’s ACWA Power to build power plant in Dairut, at a capacity 2250MW.

ACWA to Build PV Plant in Jordan

ACWA Power has secured $54m in loans for a 60.3MW solar photovoltaic (PV) project located in Mafraq, 50km north-east of Amman, Jordan.

Egypt, Acwa Continue Talks on Power Plant

The Egyptian Ministry of Electricity is proceeding with negotiations with Saudi ACWA Power to establish an electricity power plant in Dairut.

Saudi ACWA Power Won Morocco’s Solar Project

Saudi Arabia’s power and water project developer, ACWA Power, has won a contract for the development of the fourth and last phase of Morocco's flagship solar power complex Noor Ouarzazate with a capacity of 135MW.

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