Who we are

ACWA Power is a developer, investor and operator of power generation, desalinated water and green hydrogen production plants with 68 projects in operation, construction or advanced development across 12 countries in the Middle East, Africa and Asia.

We employ more than 4,000 people, with 60% local employment. Our portfolio has a total investment cost of SAR 270 billion and a total capacity of 44.4 GW of electricity and 6.2 M m3/day of water, of which 25.2 GW of electricity and 4.1 M m3/day of water are operational.

We are committed to energy transition from carbon-based fuels to renewables and apply ingenuity across all our activities and operations to achieve net zero emissions by 2050.

CEO:
Marco Arcelli

Chairman:
Mohammad Abunayyan

Our vision

To ensure the ingenuity and entrepreneurship of the private sector and make electricity and desalinated water available in a reliable and responsible manner to support social development and economic growth of nations.

Our mission

Reliably and responsibly delivering power and desalinated water at low cost.

Our
values

Safety

  • We put safety first! We are committed to protecting the well-being of our employees, partners, plants and the communities in which we operate.
  • We find sustainable solutions for our business to protect the environment for generations to come.
Kashif Rana, Chief Portfolio Management Officer
Our goal is zero workplace accidents and injuries although we have not yet achieved this; we have set up an Executive Safety Committee and have re-doubled our efforts to achieve our goal.”

People

  • We treat our employees and partners with respect and professionalism, fostering a working environment where people can contribute, innovate and excel.
  • We work together in collaborative and inclusive teams, showing support for each other to achieve client, personal and company goals.
  • We embrace integrity and transparency by practising the highest professional and ethical standards towards our clients, communities and one another.
Faisal Jadu,
Chief People, Culture and Communications Officer
We regard our 4,000+ colleagues as one family with a common culture and set of goals.”

Performance

  • We are committed to excellence in our business and operations. We set and achieve ambitious goals by constantly raising the bar of our performance.
  • We hold ourselves accountable for taking ownership to achieve superior results.
  • We are bold, passionately taking on challenges with speed and agility, quickly adapting to our environment in the relentless pursuit of growth and great results.
Abdulhameed Al Muhaidib, CFO
Once again, this year, we report robust financial and operational performance with our key financial performance indicators growing versus last year as well as the growth and development of our portfolio of assets.”