FeaturedFinanceACWA Power secures $800 mn for its subsidiary RAWECIFM CorrespondentDecember 23, 2021 by IFM CorrespondentDecember 23, 2021 RAWEC will utilize the facility to prepay existing senior debt... Read more
EnergyFeaturedACWA Power closes $1.33 bn in financing for the Red Sea Development projectIFM CorrespondentDecember 22, 2021 by IFM CorrespondentDecember 22, 2021 The project will run of 100% renewable energy... Read more
EnergyFeaturedACWA Power announces financial close for one of the largest solar plants in the worldWebAdminAugust 16, 2021 by WebAdminAugust 16, 2021 The 500-megawatt Sudair Solar plant is located in the Sudair Industrial City... Read more
EnergyMubadala, ACWA to launch Umm Al Quwain desalination plant in 2021International Finance DeskJuly 10, 2019December 17, 2019 by International Finance DeskJuly 10, 2019December 17, 2019 ACWA Power and Mubadala will each own 40% stake in the plant, while FEWA will own the remaining 20%... Read more
UtilitiesACWA Power considering $4 bn investment in Pakistan renewable energyInternational Finance DeskMay 15, 2019 by International Finance DeskMay 15, 2019 Saudi power company starts work on Balochistan solar plant, enters into China deals, and is the lowest bidder for Egypt RE project... Read more
EnergyACWA Power appoints global coordinators for IPO planInternational Finance DeskMarch 15, 2018February 27, 2020 by International Finance DeskMarch 15, 2018February 27, 2020 According to company sources, JPMorgan Chase & Co, Citigroup, Natixis and Riyadh Capital are considered for its IPO plan worth of US$1bn... Read more