Established in 2004 by Muhaidib Group, MADA Group, and Abdullah Abunayyan Trading Company as founding partners, Acwa is a Saudi Listed Joint Stock Company (Tadawul: 2082 – ACWA Power Co.), headquartered in Riyadh. With a global portfolio spanning 110 assets across 15 countries, we manage an assets under management (AUM) value of US$ 121.4 billion with the capacity to generate 95.7 GW of power and produce 9.8 million cubic meters of desalinated water each day. Supported by more than 4,000 employees, nearly 60 percent of whom are local hires, we ensure that renewable energy and water solutions remain reliable, affordable, and sustainable for millions of people around the world.
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