19-02-2025
ACWA Power acquires power generation, water desalination assets worth SAR 2.6 Billion
ACWA Power Co. signed an agreement to complete the acquisition of power generation assets (4.6 GW combined cycle) and water desalination assets (1,114k m3/day), along with related operation and maintenance companies, from Kahrabel FZE, a subsidiary of the French company Engie, in both Kuwait and Bahrain, with a total value of SAR 2.59 billion (USD 693 million).
