ACWA POWER Company (2082.SR) SAU
Currency In SAR
- General
- Statistics
- Historical Data
- Profile
- Financials
ACWA POWER Company
Address
Exit 8
Riyadh, Riyadh Province 11416
Saudi Arabia
Phone
966 11 283 5555
Website
Sector
Utilities
Industry
Diversified Utilities
Employees
3538
First IPO Date
December 19, 2021
Key Executives
| Name | Title | Pay | Year Born |
| Samir J. Serhan | Chief Executive Officer | 0 | N/A |
| Mohammed Abdullah Abunayyan | Founder & Non-Executive Chairman | 1.15M | 1963 |
| Abdulhameed Al Muhaidib | Chief Financial Officer | 0 | N/A |
| Abid Malik | President of Central Asia | 0 | N/A |
| Ayman Algeer | Chief People and Culture Officer | 0 | N/A |
| Faisal Jadu | Chief People and Culture Officer | 0 | N/A |
| Furqan Kamlani | Chief Audit Officer | 0 | N/A |
| Hashim Ghabashi | President of Africa | 0 | N/A |
| Ozgur Serin | Vice President of Investor Relations & Corporate Strategy | 0 | N/A |
| Raad Esmat Al Saady | MD & Executive Director | 0 | 1975 |
| Shahnaz Yusof | Chief Legal & Governance Officer | 0 | N/A |
| Tahir Mahmood | Chief Risk Officer | 0 | N/A |
Description
ACWA Power Company is a global entity dedicated to financing, developing, building, and operating facilities for electricity generation, green hydrogen production, and water desalination. Its activities are structured across segments encompassing Thermal and Water Desalination, Renewables, and other related areas. Beyond core plant operations, the company provides services including leasing, installation, maintenance, and contracting for power, desalination, and steam plants. It also manages the distribution of electricity, desalinated water, and steam, alongside other complementary business endeavors. The firm utilizes a diverse energy mix, drawing from fossil fuels like oil, coal, and gas, as well as renewable sources such as solar, hydrogen, and wind. ACWA Power currently manages 67 power generation and water desalination projects spanning ten countries: Bahrain, the United Arab Emirates, Azerbaijan, the Kingdom of Saudi Arabia, Oman, Jordan, Egypt, South Africa, Turkey, and Vietnam. Founded in 2004 and headquartered in Riyadh, Kingdom of Saudi Arabia, the company rebranded from International Company for Water and Power Projects to ACWA POWER Company in January 2022.
