ACWA Power Company (TADAWUL:2082)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
227.00
-2.60 (-1.13%)
Jul 24, 2025, 3:19 PM AST

ACWA Power Company Company Description

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, the Middle East, Asia, and Africa.

The company operates through Thermal and Water Desalination; Renewables; and Others segments. It generates power through fossil fuel, such as oil, coal, and gas.

The company also sells electricity, desalinated water, and green hydrogen and/or green ammonia. In addition, it installs, maintains, and operates contracting of electricity generation, and desalination plants; generating renewable energy using photovoltaic, concentrated solar power, wind plants, and hydrogen sources; and provision of financial advisory, book-keeping and reporting, tax compliance, and related services, as well as reinsurance services.

The company was formerly known as International Company for Water and Power Projects and changed its name to ACWA Power Company in January 2022.

ACWA Power Company was founded in 2004 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

ACWA Power Company
CountrySaudi Arabia
Founded2004
IndustryIndependent Power Producers
SectorUtilities
Employees3,538
CEOMarco Arcelli

Contact Details

Address:
Exit 8
Riyadh, 11416
Saudi Arabia
Websiteacwapower.com

Stock Details

Ticker Symbol2082
ExchangeSaudi Stock Exchange
Fiscal YearJanuary - December
Reporting CurrencySAR
ISIN NumberSA15CGS10H12
SIC Code4911

Key Executives

NamePosition
Marco ArcelliChief Executive Officer
Abdulhameed Al MuhaidibChief Financial Officer
Stefan VerleeChief Operating Officer