Articles tagged with 'news' | ACWA Power

ACWA POWER | NewsRoom (news)

2022
14
January
2022
| 11:22 Europe/Amsterdam
Baku, Azerbaijan, 14, January 2022: 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 1.125 billion (US$300 million), following the signing of power purcha...
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2021
22
December
2021
| 13:26 Europe/Amsterdam
Kashif Rana, the company’s CFO, will also oversee portfolio management as Rajit Nanda, CPMO steps down Clive Turton and Abdulhameed Muhaidib appointed as CIO and Deputy CFO respectively ...
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20
December
2021
| 13:21 Europe/Amsterdam
US$108million Nukus wind project signals ACWA Power’s expansion into the Uzbek energy industry Financial close for the project targeted for Q3 2022, with commercial operations expected by early 2024 ...
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19
December
2021
| 13:03 Europe/Amsterdam
First power and water company in the region to gain PEP Standard by CIPS - the world's largest professional body dedicated to the procurement and supply profession, with a global network of over 70,000 members ...
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05
December
2021
| 08:29 Europe/Amsterdam
Jeddah, KSA: 05 December 2021: ACWA Power, a leading developer, investor, and operator of power generation, desalinated water, and green hydrogen plants worldwide, and Natixis Corporate & Investment Banking (Natixis CIB), a subsidiary of Groupe BPCE,...
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30
November
2021
| 08:50 Europe/Amsterdam
Riyadh, KSA: 30 November 2021: ACWA Power, a leading developer, investor, and operator of power generation, desalinated water, and green hydrogen plants worldwide, today signed a strategic agreement with the Saudi Institute of Internal Audit (IIA) to...
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10
November
2021
| 09:17 Europe/Amsterdam
The Company completed a landmark IPO and listed on Tadawul on 11 October 2021 Operating income before impairment loss and other expenses at SAR 1,660 million for nine months flat versus year ago Commitment to net zero target 2050 exemplified by t...
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27
October
2021
| 08:58 Europe/Amsterdam
Project is a joint venture (JV) agreement between Aramco, ACWA Power, Air Products and Air Products Qudra Transaction is the largest project finance agreement in ACWA Power’s history ...
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11
October
2021
| 14:39 Europe/Amsterdam
Riyadh, KSA: 11 October 2021: ACWA Power, a leading developer, investor, and operator of power generation and desalinated water plants worldwide, rang the market opening bell at the Saudi Stock Exchange (Tadawul) at 10:00 am AST today. After a highly...
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04
October
2021
| 23:52 Europe/Amsterdam
ACWA Power is a Jubilee Sponsor of the 23rd Water, Energy, Technology and Environment exhibition (WETEX) ...
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28
September
2021
| 13:02 Europe/Amsterdam
Riyadh, KSA, 28 September 2021: Following the commendable success of the youth-driven initiative, ACWA Power, a leading developer, investor and operator of power generation and desalinated water plants, launched the second edition of “The Power is Wi...
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27
September
2021
| 10:48 Europe/Amsterdam
The JV formed in 2018 to enhance the overall value of Jazan refinery and integrated gasification combined cycle power plant, aiding in transforming the Jazan Province by positioning Jazan Economic City (JEC) for additional Foreign Direct Investment...
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29
August
2021
| 09:17 Europe/Amsterdam
Initiative part of the national campaign launched by the Ministry of Health to vaccinate citizens and residents in the Kingdom of Saudi Arabia ...
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23
August
2021
| 14:07 Europe/Amsterdam
Inauguration marks another transformative moment in Dubai’s energy transition strategy Inauguration represents a significant milestone for the ACWA Power led consortium in the path towards full operational capacity at the Mohammed bin Rashid Al Ma...
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15
August
2021
| 10:55 Europe/Amsterdam
Project is one of the world’s largest single-contracted solar PV plants and the largest in Saudi Arabia. The Saudi Aramco Power Company (SAPCO) joins the consortium led by ACWA Power and the Water & Electricity Holding Company (Badeel), a co...
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15
June
2021
| 08:46 Europe/Amsterdam
Transaction marks the lowest spread by any corporate or bank issuer in Saudi capital markets since 2017 Sukuk offering in line with ACWA Power’s long-term ambitions and its growing portfolio of assets ...
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01
June
2021
| 11:57 Europe/Amsterdam
Riyadh, KSA, 31 May 2021: ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants, has signed a Memorandum of Understanding (MoU) with Neutral Fuels, the GCC’s largest biofuel producer, for future...
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10
May
2021
| 12:39 Europe/Amsterdam
The ZAR 11.6 billion Redstone concentrated solar power (CSP) plant to power 200,000 households upon completion Commercial operation scheduled to start in Q4 2023 ...
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04
May
2021
| 12:40 Europe/Amsterdam
Implementation agreement for 1500 MW wind farm signed with Uzbekistan’s Ministry of Investments & Foreign Trade, and Ministry of Energy ...
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22
April
2021
| 15:50 Europe/Amsterdam
EBRD, OPEC Fund, AFDB, GCF and the Arab Bank to finance the 200 MW solar plant in Egypt Kom Ombo solar plant to be developed, constructed and operated by ACWA Power Financing package to increase renewable energy in Egypt ...
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12
April
2021
| 13:14 Europe/Amsterdam
Sudair Solar PV project is set to become one of the world’s largest Solar PV plants by capacity and Saudi Arabia’s largest. The project is considered a key achievement towards PIF’s commitment to develop 70% of Saudi Arabia’s renewable energy by 20...
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11
April
2021
| 10:26 Europe/Amsterdam
Inauguration of Sakaka PV IPP marks a historic moment in the Kingdom’s energy transition as a cornerstone for future renewable energy projects The 300MW PV plant exemplifies the role of PPPs in enabling socio-economic progress in KSA, achieving ne...
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07
April
2021
| 09:18 Europe/Amsterdam
Financial closure and ground-breaking expected in Q3 2021 Commercial operations to commence in Q3 2022 ...
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01
April
2021
| 14:06 Europe/Amsterdam
1500 MW Sirdarya CCGT plant to provide cleaner, more efficient and cost-competitive gas power that can be utilised across industries in Uzbekistan and is expected to meet 15 percent of power demand in Uzbekistan Syndicate of seven international le...
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25
January
2021
| 11:57 Europe/Amsterdam
New developments on three major power projects with a combined investment value of $2.5 billion and capacity of 2500MW Official ground-breaking ceremony held for 1500MW CCGT power plant at the Sirdarya site Two Power Purchase Agreements (PPA) and...
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24
January
2021
| 10:51 Europe/Amsterdam
Judging panel comprising senior leaders from ACWA Power and The Higher Institute for Water and Power Technologies (HIWPT) selected the top three ideas to receive further incubation and development support ...
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05
January
2021
| 10:46 Europe/Amsterdam
Facility to support funding of ACWA Power’s renewable projects in key markets Agreement is aligned with APICORP and ACWA Power’s shared vision to accelerate energy transition in the MENA region and globally ...
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2020
30
December
2020
| 09:41 Europe/Amsterdam
Virtual signing ceremony held to execute the official Power Purchase, Investment and Transmission Connection Agreements for the $300 million project 240 MW wind farm to pave the way for sustainable development in Azerbaijan’s energy sector ...
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30
November
2020
| 13:50 Europe/Amsterdam
PIF increases its stake in ACWA Power from 33.36% to 50% The investment comes as part of PIF’s strategy to support the development of the renewable energy sector within Saudi Arabia and to support the growth of national champions ACWA Power expec...
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17
November
2020
| 10:05 Europe/Amsterdam
The Red Sea Development Company secures multinational investment in its first public-private partnership for utilities package focused exclusively on environmentally responsible renewable energy, water production, wastewater treatment and district co...
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