Tag: Acwa Power

Energy, Oil & Gas

Acwa Power achieves $8.2bn financial close for 15GW Saudi projects

Acwa Power, the world's largest private water desalination company, has announced that it has, along with its partners Badeel and Saudi Aramco Power Company (Sapco), achieved a $8.2 billion financial close for 15GW renewable energy projects in Saudi Arabia. ...

Energy, Oil & Gas

Acwa Power achieves $2.9bn financial close for Saudi CCGT plant

Acwa Power has announced that its key affiliate - Hajar Two Electricity - has achieved a SAR10.8 billion ($2.9 billion) financial close for Qurayyah CCGT IPP Expansion Project in the Eastern Province of Saudi Arabia. Once operational, it will boast a 3,010MW capacity....