ACWA Power Company (TADAWUL:2082)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
331.20
-11.20 (-3.27%)
Mar 12, 2025, 3:18 PM AST

ACWA Power Company Company Description

ACWA Power Company invests in, develops, constructs, and operates power generation, green hydrogen, and desalinated water plants worldwide.

It operates through Thermal and Water Desalination; Renewables; and Others segments. The company also engages in the leasing, installation, operation and maintenance, and contracting of electricity generation, water desalination, and steam plants; and distribution of electricity, desalinated water, and steam, as well as other related or auxiliary business activities.

It generates power through a range of fossil fuel and renewable sources, such as oil, coal, gas, solar, hydrogen, and wind.

The company operates 67 power generation and water desalination projects in Bahrain, the United Arab Emirates, Azerbaijan, the Kingdom of Saudi Arabia, Oman, Jordan, Egypt, South Africa, Turkey, and Vietnam.

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
Country Saudi Arabia
Founded 2004
Industry Independent Power Producers
Sector Utilities
CEO Marco Arcelli

Contact Details

Address:
Exit 8
Riyadh
Saudi Arabia

Stock Details

Ticker Symbol 2082
Exchange Saudi Stock Exchange
Fiscal Year January - December
Reporting Currency SAR
ISIN Number SA15CGS10H12
SIC Code 4911

Key Executives

Name Position
Marco Arcelli Chief Executive Officer
Abdulhameed Al Muhaidib Chief Financial Officer
Stefan Verlee Chief Operating Officer