ACWA Power Company invests in, develops, constructs, and operates power generation, green hydrogen, and desalinated water plants worldwide. It operates through Thermal and Water Desalination; Renewables; and Others segments. The company also engages in the leasing, installation, operation and maintenance, and contracting of electricity generation, water desalination, and steam plants; and distribution of electricity, desalinated water, and steam, as well as other related or auxiliary business activities. It generates power through a range of fossil fuel and renewable sources, such as oil, coal, gas, solar, hydrogen, and wind. The company operates 67 power generation and water desalination projects in Bahrain, the United Arab Emirates, Azerbaijan, the Kingdom of Saudi Arabia, Oman, Jordan, Egypt, South Africa, Turkey, and Vietnam. The company was formerly known as International Company for Water and Power Projects and changed its name to ACWA POWER Company in January 2022. ACWA Power Company was founded in 2004 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

ACWA POWER Company

ACWA Power is a developer, investor, and operator of power generation, desalinated water, and green hydrogen plants. The company has a portfolio of 90 assets in operation, construction, or advanced development across 13 countries.

ACWA Power

ACWA Power - Central Asia

ACWA Power China

Abunayyan Holding

ACWA Power is impacting millions of lives every day by delivering essential power and water across multiple continents. We are driving the transition to a carbon free, greener future.

💨 🇺🇿 The groundbreaking of the Beruniy Wind Power Plant and the BESS Project in Karakalpakstan represents ACWA Power’s commitment to Uzbekistan’s energy transition and sustainable development goals, in alignment with President Shavkat Mirziyoyev’s vision. 

Uzbekistan is our second-largest market in terms of investment, we have 15 projects currently underway with a total investment volume of up to USD 15 billion. 

🤝🌱 Together, we are paving the way for sustainable energy solutions that will enhance the quality of life for the people of Uzbekistan.

Learn more about the project here : https://lnkd.in/dxUSFzZF

#ACWAPower #Sustainability #WindPower

A leader who inspires us all. 🌟 
 
ACWA Power’s CEO, Marco ARCELLI, recognised among Forbes Middle East's Top 100 CEOs.

Read more here:  https://lnkd.in/edxT4YdX
 
#ACWAPower #ForbesTop100 #Leadership

🌟 Ready to push boundaries and accelerate your career? Join our Graduate Development Programme (GDP) and shape the future of sustainability. 

🌍 Learn from our industry experts and thought leaders as #ACWAPower leads the global energy transition, committed to creating a greener world for all!

✨Click the country link below or scan the QR code to apply. 

🇸🇦 - https://lnkd.in/dBH3gGuC 

🇦🇪 - https://lnkd.in/dgmxPmrU 

🇺🇿 - https://lnkd.in/dG4pBbeR 

🇨🇳 - https://lnkd.in/d7yY-ujE 

#FutureLeaders #CareerGrowth #GraduateDevelopment #GlobalImpact 
#Sustainability

🌱 We are committed to driving decarbonisation in the Global South, and our expansion into Indonesia is a big step forward. 

☀️We have just signed a Power Purchase Agreement (PPA) with PT Perusahaan Listrik Negara (PLN) for the Saguling Floating Solar PV Project—our first floating solar venture. 

Learn more about the project here: https://lnkd.in/drCgDWYk

#ACWAPower #RenewableEnergy #Sustainability #GreenEnergy

Investing in the future!🌍🤝

Meet our #ACWAPower Youth Leadership Council, leading the charge towards a sustainable future.
 
#YouthLeadership #FutureLeaders #InternationalYouthDay

🌟 What advice would you give to young professionals aspiring to enter the energy industry? 

This #InternationalYouthDay, share your insights and experience in the comments below! 👇💡

	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	4.26B -	4.83B 13.48%	5.36B 11.01%	5.28B 1.59%	6.54B 24.00%
cost of revenue	2.06B -	2.30B 11.58%	2.46B 6.92%	2.41B 2.03%	2.64B 9.38%
gross profit	2.19B -	2.53B 15.26%	2.90B 14.74%	2.87B 1.21%	3.91B 36.30%
selling and marketing expenses	-115.21M -				802.23M -
general and administrative expenses	677.62M -	66.33M 90.21%	93.44M 40.89%	279.41M 199.01%	382.47M 36.88%
selling general and administrative expenses	562.40M -	66.33M 88.21%	93.44M 40.89%	279.41M 199.01%	1.18B 324.00%
research and development expenses		142.86M -	133.25M 6.72%	35.44M 73.40%	69.58M 96.35%
other expenses	-21.55M -	600.68M 2,887.40%	985.82M 64.12%	593.80M 39.77%	-15.24M 102.57%
cost and expenses	2.65B -	3.11B 17.56%	3.67B 18.06%	3.32B 9.63%	3.84B 15.58%
operating expenses	583.95M -	809.87M 38.69%	1.21B 49.72%	908.65M 25.06%	1.20B 32.06%
interest expense	918.90M -	1.03B 12.45%	1.05B 1.48%	1.18B 12.70%	1.55B 30.92%
ebitda	1.92B -	2.49B 29.63%	2.52B 1.22%	2.80B 10.96%	3.17B 13.20%
operating income	1.61B -	1.92B 19.63%	1.90B 1.20%	2.61B 37.43%	2.71B 3.52%
depreciation and amortization	313.48M -	567.38M 80.99%	620.93M 9.44%	185.60M 70.11%	463.14M 149.53%
total other income expenses net	-1.49B -	-1.09B 26.78%	-1.07B 1.69%	-1.12B 4.41%	-1.12B 0.64%
income before tax	115.95M -	831.64M 617.23%	827.03M 0.55%	1.49B 80.34%	1.59B 6.64%
income tax expense	74.01M -	-50.95M 168.84%	83.12M 263.15%	232.87M 180.16%	53.73M 76.93%
net income	619.51M -	882.57M 42.46%	758.80M 14.02%	1.54B 102.96%	1.66B 7.90%
weighted average shs out	731.10M -	645.76M 11.67%	664.70M 2.93%	645.76M 2.85%	731.10M 13.21%
weighted average shs out dil	731.10M -	645.76M 11.67%	664.70M 2.93%	645.76M 2.85%	731.10M 13.21%
eps	0.85 -	1.38 62.35%	1.04 24.64%	2.38 128.85%	2.27 4.62%
epsdiluted	0.85 -	1.38 62.35%	1.04 24.64%	2.38 128.85%	2.27 4.62%

2082

COM:ACWAPOWER

ACWA Power

Last Close

387.40

25/11 09:25

Market Cap

269.92B

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92.08K

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