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ACWA Power on quarterly & semi-annual finance

ACWA Power on quarterly & semi-annual finance: Consolidated net profit attributable to equity holders of the parent for the first six months reached SAR542 million, a 21% increase year-on-year. Operating income before impairment loss and other expenses for the same period at SAR1,153 million increased by 9% The Company’s share of renewable energy capacity in…
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ACWA Power on reverse osmosis water desalination start

ACWA Power on reverse osmosis water desalination start: Current production has reached 454.6 thousand m³/day, amounting to 100 million gallons of desalinated water per day ACWA Power, the world’s largest private operator of desalinated water, owns and operates 15 desalination plants producing over 6.4 million m3/day, enough water to meet the needs of over 40…
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ACWA Power announces first quarter results for 2022

ACWA Power announces first quarter results for 2022: Operating income before impairment loss and other expenses up by 19.5% from the same period in the previous year  Adjusted net profit attributable to equity holders of the parent was SAR155 million, a 10.6% increase from Q1 2021 New Board of Directors appointed meeting post-listing independence requirements…
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ACWA Power’s Rabigh 3 IWP gets World record title

ACWA Power’s Rabigh 3 IWP gets World record title: ACWA Power’s Rabigh 3 IWP project achieves the Guinness World Records™ title for the world’s largest reverse osmosis desalination plant. Facility achieved certification after a three-week process by the independent Records Management Team who examined verifiable, standardisable and measurable evidence Rabigh 3 IWP produces 600,000 cubic…
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