ACWA Power Company (TADAWUL: 2082)

Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
397.60
-2.40 (-0.60%)
Nov 20, 2024, 3:18 PM AST
83.59%
Market Cap 291.27B
Revenue (ttm) 6.37B
Net Income (ttm) 1.83B
Shares Out 732.56M
EPS (ttm) 2.50
PE Ratio 158.92
Forward PE 130.98
Dividend 0.45 (0.11%)
Ex-Dividend Date n/a
Volume 144,347
Open 400.00
Previous Close 400.00
Day's Range 397.00 - 402.80
52-Week Range 214.57 - 500.80
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

SEC, Acwa Power, Kepco sign $4bln Saudi power purchase deal

These projects symbolise Saudi Arabias commitment to sustainable energy practices and its vision of creating a cleaner, more resilient energy landscape

2 days ago - Zawya

ACWA Power signs PPA for $4bln gas power plants in Saudi Arabia

Al-Rumaih-1 and Al-Nairyah-1 plants are located in Riyadh and the Eastern Province respectively

2 days ago - Zawya

Masdar, SOCAR, ACWA Power partner on 3.5 GW offshore wind projects in Azerbaijan

The agreement supports plans by Azerbaijan to develop renewable energy, green hydrogen and water desalination projects

6 days ago - Arabian Business

Masdar, SOCAR Green and ACWA Power sign MoU

To Explore the Development of 3.5GW of Offshore Wind Projects in the Republic of Azerbaijan

6 days ago - Zawya

ACWA Power secures $238mln for Azerbaijan wind farm project

The funding has been provided by EBRD and OPEC Fund

7 days ago - Zawya

ACWA Power starts commercial operations at Al Shuaibah 1 solar PV plant

Impact will be reflected in Q4 2024 financials

8 days ago - Zawya

ACWA Power announces its financial results

For the three and nine months period ended 30 September 2024

13 days ago - Zawya

Saudis ACWA Power says 26 projects ongoing, sets 20-year record

The company continues to add new projects to fuel its growth, says CEO

13 days ago - Zawya

Finding scale in Africa a challenge for Saudi renewables investor

Marco Arcelli, CEO of ACWA Power, says that bigger African countries are proving more viable for large-scale renewables investments.

16 days ago - African Business

Scaling renewables in Africa a challenge, says Saudi investor

Marco Arcelli, CEO of ACWA Power, says that bigger African countries are proving more viable for large-scale renewables investments.

16 days ago - African Business

ACWA Power's wind farm to power Gotion High-Tech's Morocco gigafactory - report

$1.6bln EV battery plant to start operations in 2026

17 days ago - Zawya

Iraq in talks with ACWA Power to finalise 1GW solar power project

Technical committee working to clear obstacles

17 days ago - Zawya

ACWA Power announces financial closing for aggregate USD 62mln for Nukus 1 wind project at FII8

ACWA Power has announced financial close for the Nukus 1 Wind Project in Uzbekistan on the third day of FII8

20 days ago - Zawya

Saudi's ACWA Power signs 4 pacts worth $1.8bln for green energy projects

The agreements include projects in GCC, China, Central Asia and North Africa

22 days ago - Zawya

ACWA Power signs over $1.78bln of deals in renewable energy, battery projects

The agreements, signed during the Future Investment Initiative conference in Riyadh

22 days ago - Zawya

ACWA Power expands Africa renewable footprint with $7bln investments

The project will provide clean energy to nearly 200,000 households while significantly reducing carbon emissions

22 days ago - Zawya

ACWA Power expands its renewable footprint in Africa and reaffirms as leading investor in the continent

Redstone CSP in South Africa now has 50MW capacity in operation

24 days ago - Zawya

JinkoSolar (JKS) Rises on New 3GW Solar Module Deal with Saudi ACWA Power

JinkoSolar (JKS) Rises on New 3GW Solar Module Deal with Saudi ACWA Power

5 weeks ago - GuruFocus

ACWA Power announced as energy & water partner for Cop29

Highlighting the companys commitment to sustainable practices in the renewable energy space

7 weeks ago - Zawya

Turkiye engages ACWA Power in talks for green energy investments

Turkiye has entered into discussions with Saudi Arabia’s ACWA Power, one of the leading developers of renewable energy projects, to explore potential investments in the country’s growing green energy ...

7 weeks ago - Middle East Monitor

ACWA Power, Sumitomo to co-develop $4.2bln projects in Uzbekistan

The Saudi-listed company will divest 49% stake in Samarkand and Kongrad projects to Japanese firm

7 weeks ago - Zawya

ACWA Power and Sumitomo Corporation sign joint agreement to develop Uzbekistans largest renewable energy projects

The Samarkand and Kungrad projects are one of the largest solar PV, battery storage and wind projects in the country

7 weeks ago - Zawya

ACWA Power champions the transition to a sustainable future at WETEX 2024

ACWA Power has developed multiple large-scale UAE water Projects, delivering 2.8 million m/day of desalinated water for over four million residents in the country

7 weeks ago - Zawya

COP28-initiative UNEZA set to invest $116bln per year in renewables, grids

Regional companies such as TAQA, Masdar, DEWA and ACWA Power are part of the alliance

7 weeks ago - Zawya

On Saudi Arabia's 94th National Day, ACWA Power’s Founder and Chairman Expresses Congratulations and Commitment

Mohammad Abunayyan, Founder & Chairman of the Board of Directors of ACWA Power, extends his heartfelt congratulations to the Custodian of the Two Holy Mosques, King Salman bin Abdu...

2 months ago - Makkah News (صحيفة مكة)