ACWA Power Company (TADAWUL: 2082)
Market Cap | 318.81B |
Revenue (ttm) | 6.37B |
Net Income (ttm) | 1.83B |
Shares Out | 732.56M |
EPS (ttm) | 2.50 |
PE Ratio | 173.95 |
Forward PE | 147.52 |
Dividend | 0.45 (0.10%) |
Ex-Dividend Date | Apr 30, 2024 |
Volume | 201,958 |
Average Volume | 120,848 |
Open | 436.80 |
Previous Close | 435.20 |
Day's Range | 420.20 - 438.80 |
52-Week Range | 236.13 - 500.80 |
Beta | 0.14 |
RSI | 60.59 |
Earnings Date | Feb 27, 2025 |
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]
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 StatementsNews
ACWA Power to build and operate 1,000MW solar power plant in Iraq
The plant will be based in Najaf province
VIDEO: Saudi's ACWA Power secures $692mln for wind power plant in Egypt
ACWA Power Co. has secured funding of 2.6 billion Saudi riyals ($692.05 million) for a 1,100 megawatt (MW) wind power plant in Suez, Egypt
ACWA Power secures $702mln for Egypt wind farm
ACWA Power holds a 70% stake in the project, which has a total investment cost of SAR 4.13 billion
ACWA Power enters China with more than 1,000 MW renewable projects
The Saudi-listed company is in advanced stages of completing these investments
Saudi-based Acwa Power's Uzbek plant set for full commercial operation
The 1,500MW plant located at Shirin City in the Sirdarya region, is now in full operation
ACWA power tells Saudi bourse it will raise capital
Capital will rise by $1.8bln
HRH Prince Abdulaziz bin Salman Al-Saud, Minister of Energy, inaugurates three renewable energy projects in Uzbekistan
Projects to be operated by ACWA Power
SWPC announces preferred bidder for 600,000 m3/day Jubail 4 and Jubail 6 IWP
Consortium of ACWA Power, HAACO and AlSharif Contracting and Commercial Development appointed preferred bidder for the desalination project
ACWA Power plans to invest $50bln in China by 2030: Report
Company to reach 1.3 GW of renewable energy capacity by end-2024
ACWA Power CEO says it's on track to triple the company's size by 2030
Marco Arcelli, CEO of ACWA Power, speaks to CNBC at the Saudi Green Initiative in Riyadh about the company's growth plans.
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
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
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
Masdar, SOCAR Green and ACWA Power sign MoU
To Explore the Development of 3.5GW of Offshore Wind Projects in the Republic of Azerbaijan
ACWA Power secures $238mln for Azerbaijan wind farm project
The funding has been provided by EBRD and OPEC Fund
ACWA Power starts commercial operations at Al Shuaibah 1 solar PV plant
Impact will be reflected in Q4 2024 financials
ACWA Power announces its financial results
For the three and nine months period ended 30 September 2024
Saudis ACWA Power says 26 projects ongoing, sets 20-year record
The company continues to add new projects to fuel its growth, says CEO
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.
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.
ACWA Power's wind farm to power Gotion High-Tech's Morocco gigafactory - report
$1.6bln EV battery plant to start operations in 2026
Iraq in talks with ACWA Power to finalise 1GW solar power project
Technical committee working to clear obstacles
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
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
ACWA Power signs over $1.78bln of deals in renewable energy, battery projects
The agreements, signed during the Future Investment Initiative conference in Riyadh