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
Independent Power Producers
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 |
| Ozgur Serin | Vice President of Investor Relations & Corporate Strategy | 0 | N/A |
| Tahir Mahmood | Chief Risk Officer | 0 | N/A |
| Hashim Ghabashi | President of Africa | 0 | N/A |
| Ghassan H. Shawli | Chief Legal Officer | 0 | N/A |
| Abdulhameed Al Muhaidib | Chief Financial Officer | 0 | N/A |
| Faisal Jadu | Chief People & Culture Officer | 0 | N/A |
| Abid Malik | President of Central Asia | 0 | N/A |
| Simon Watson | Chief Health, Safety, Security & Environment Officer | 0 | N/A |
| Furqan Kamlani | Chief Audit Officer | 0 | N/A |
| Raad Esmat Al Saady | MD & Executive Director | 0 | 1975 |
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.
