ACWA Power Company (TADAWUL: 2082)

Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
385.80
+0.40 (0.10%)
Sep 12, 2024, 3:19 PM AST
104.54%
Market Cap 282.62B
Revenue (ttm) 6.17B
Net Income (ttm) 1.90B
Shares Out 732.56M
EPS (ttm) 2.60
PE Ratio 148.34
Forward PE 137.18
Dividend 0.45 (0.12%)
Ex-Dividend Date Apr 30, 2024
Volume 171,190
Open 387.80
Previous Close 385.40
Day's Range 381.20 - 391.00
52-Week Range 177.64 - 493.41
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Oct 31, 2024

About ACWA Power Company

ACWA Power Company, together with its subsidiaries, engages in the investment, development, operation, and maintenance of power generation, water desalination, and green hydrogen production plants in the Kingdom of Saudi Arabia and internationally. It operates through Thermal and Water Desalination; Renewables; and Others segments. The company also sells electricity, desalinated water, and green hydrogen and/or green ammonia; installs, maintains, and operates contracting of electricity generation, and desalination plants; provides financial adv... [Read more]

Industry Independent Power Producers
Sector Utilities
Founded 2004
Employees 3,538
Stock Exchange Saudi Stock Exchange
Ticker Symbol 2082
Full Company Profile

Financial Performance

In 2023, ACWA Power Company's revenue was 6.10 billion, an increase of 15.52% compared to the previous year's 5.28 billion. Earnings were 1.66 billion, an increase of 7.90%.

Financial Statements

News

Egypt: ACWA Power to complete 1st phase of green hydrogen project by late 2028

The project, developed under an agreement signed in 2023, involves over $4 billion in investments and will produce 600,000 tons of green ammonia annually

4 days ago - Zawya

ACWA Power, SEWA sign agreement for Sharjah’s first independent water project

The plant will generate nearly 272,000 cubic metre per day of desalinated water by Q2 2027

8 days ago - Arabian Business

Acwa Power to develop Sharjahs first Independent Water Project

The signing of the agreement to establish a water desalination plant in Al Hamriyah with one of the largest specialist companies in this field aligns with the plan to develop the water sector system i...

8 days ago - Zawya

ACWA Power, SEWA sign deal for Sharjahs first Independent water project

The Hamriyah IWP will be developed using seawater reverse osmosis technology

9 days ago - Zawya

ACWA Power and SEWA sign deal for Sharjahs first Independent water project

The Hamriyah Independent Water Project will produce 2 72 ,000 m3/day of desalinated capacity by Q2 2027, reaching full capacity of 410,000 m3/day by Q2 2028

10 days ago - Zawya

Saudi's ACWA Power to build $693mln IWP project in Sharjah

The company signs a 30-year water purchase pact with state-run SEWA

10 days ago - Zawya

ACWA Power secures $2.6bln funding for 3 large-scale solar projects in Saudi Arabia

The funding will be used for developing, designing, constructing and operating the plans

13 days ago - Zawya

Egypt: Madbouly reviews ACWA Power's expansion plans in energy, desalination sectors

The meeting was attended by key officials, including the Minister of Electricity and Renewable Energy Mahmoud Esmat and ACWA Power Egypt's Country Director Hassan Amin

23 days ago - Zawya

Saudi-listed ACWA Power starts work on $260mln power project in Uzbekistan

The project includes a 200 MW wind power plant and a 100 MW Battery Energy Storage System

24 days ago - Zawya

Saudi: Acwa Power's 700MW solar project kicks off commercial operations

With the project coming online, it will produce energy to power around 132,000 homes in central Saudi Arabia

25 days ago - Zawya

ACWA Power begins commercial operations at 700MW Ar Rass solar plant in Saudi Arabia

The solar project is valued at $453mln

27 days ago - Zawya

China Energy Engineering secures $972m contract for Saudi solar power plant

China Energy Engineering Corp has signed a 6.98 billion yuan ($972 million) contract to construct a major solar power plant in Saudi Arabia, according to a Monday filing with the Shanghai Stock Exchan...

4 weeks ago - Middle East Monitor

ACWA Power signs PPA for floating solar PV project in Indonesia

The Saguling project is the first floating solar PV project being developed by ACWA Power

4 weeks ago - Zawya

Saudis ACWA Power inks PPA for floating solar PV project in Indonesia

The project will have a generation capacity of 60MW

4 weeks ago - Zawya