Abunayyan Holding builds and invests in power generation plants all over the Middle East and Africa. ACWA Power International develops, invests, co-owns and operates power plants. The company prepares a business case and financial model, structures equity and debt financing, selects investment partners, and has a wealth of experience in procuring all permits, licences and approvals required ahead of construction. ACWA Power can identify the optimum technical solution, select and negotiate with contractors to procure the most competitive price, and has developed robust relationships with all major power plant suppliers. The company brings a well established and experienced operations and maintenance contracting company to each transaction, in order to deliver value.
The Task: To expand outside Saudi Arabia
The Solution: The Barka 1 IWPP was ACWA Power’s first foray outside Saudi Arabia. Located in Barka, about 60 kilometres north of Muscat, the capital of Oman, the power and water plant provides about a tenth of the country’s total electricity requirements ...
The Task: To supply power and water to the southern region of Saudi Arabia, enabling industrial development and job creation.
The Solution: ACWA Power International was the lead developer for the Shuqaiq IWPP, owned and operated by Shuqaiq Water & Electricity Co. The Shuqaiq IWPP is the second ...
The Task: To meet the power and water needs of Jubail Industrial City, Saudi Arabia, the largest industrial city in the Middle East.
The Solution: ACWA Power International and other shareholders developed the largest integrated power and water desalination facility in the world to meet growing demand ...