Angle Avenue Mehdi Ben Barka et Atthuya
PO Box 10.000
Tel: + 212 666 016 321
ACWA Power is a developer, investor, co-owner and operator of a portfolio of power generation and desalinated water production plants currently with presence in 12 countries including in the Middle East and North Africa, Southern Africa and South East Asia regions.
ACWA Power’s portfolio, with an investment value in excess of US$32 billion, can generate 22.8 GW of power and produce 2.5 million m3 /day of desalinated water to be delivered on a bulk basis to state utilities and industrial majors on long term off-take contracts under Public-Private-Partnership, Concession and Utility Services Outsourcing models.
ACWA Power, registered and head-quartered in the Kingdom of Saudi Arabia, is owned by eight Saudi conglomerates, Sanabil Direct Investment Company (owned by the Public Investment Fund of Saudi Arabia), the Saudi Public Pensions Agency and the International Finance Corporation (a member of the World Bank Group).
ACWA Power pursues a mission to reliably deliver electricity and desalinated water at the lowest possible cost while seeking to maximise local content and local employment creation, thereby contributing to the social and economic development of the communities and countries it invests in and serves.
ACWA Power strives to achieve success by adhering to the values of Safety, People and Performance in operating its business.
01 November 2016 | Africa, Middle East, Tech. & Innovation, Sustainable Energy
Climate Action spoke with Paddy Padmanthan, President and CEO of ACWA Power - a developer, investor, co-owner and operator of a portfolio of power generation and desalinated water production plants.
31 May 2016 | Africa, Middle East, Sustainable Energy, COP 22
ACWA Power is one of three developers that placed the lowest bids for a large-scale solar photovoltaic complex in Morocco
26 April 2016 | Africa, Middle East, Sustainable Energy
09 April 2016 | Africa, Policy, Sustainable Energy
28 March 2016 | Africa, Asia, Middle East, Tech. & Innovation