ACWA Power
Overview
ACWA Power is a Saudi Arabian company specializing in the development, investment, and operation of power generation and desalinated water plants. With a portfolio of 111 assets across 15 countries, the company manages assets valued at US$ 114.8 billion, capable of generating 93.3 GW of power and producing 9.3 million cubic meters of desalinated water daily. Headquartered in Riyadh, Saudi Arabia, ACWA Power employs over 4,000 people, nearly 60% of whom are local hires. The company's investment strategy focuses on large-scale infrastructure projects, particularly in renewable energy, water desalination, and green hydrogen sectors. ACWA Power has a significant presence in the Middle East, Africa, Central Asia, and Southeast Asia, with notable projects in Saudi Arabia, the United Arab Emirates, Jordan, Turkey, South Africa, Morocco, Egypt, Uzbekistan, China, Azerbaijan, Indonesia, Vietnam, Malaysia, Pakistan, and Bangladesh. ACWA Power's track record includes pioneering projects such as the Sakaka PV IPP in Saudi Arabia, the Noor solar complex in Morocco, and the Redstone CSP project in South Africa. The company has also been recognized for its commitment to sustainability, winning the King Khalid Sustainability Award in February 2026 for its significant social impact. ACWA Power's philosophy centers on delivering reliable, affordable, and sustainable energy and water solutions to empower communities and support economic development worldwide.
Investment Focus
- Long-term contracts
- Public-Private Partnership models
- Utility services outsourcing
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Frequently asked questions about ACWA Power
What sectors does ACWA Power invest in?
ACWA Power invests in Technology, Energy, Real Estate, Infrastructure, Telecommunications and Utilities, and is based in Riyadh, Saudi Arabia. ACWA Power is listed as a institutional investor in the ConnectSafely investor database.
What stage does ACWA Power invest at?
ACWA Power backs companies at Growth, Late Stage and Pre-IPO.
Which regions does ACWA Power invest in?
ACWA Power invests across China, United Arab Emirates, Indonesia, Saudi Arabia, Egypt and Morocco.
Who are the partners at ACWA Power?
Team members listed for ACWA Power include Soumendra Rout (Country CFO) and Scott Frier (COO Renewables).
How do I contact ACWA Power?
ACWA Power's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database
