INTRODUCTION
We are a developer, investor and operator of power generation and desalinated water plants with 101 assets in operation, construction or advanced development across 14 countries. We employ more than 4,000 people, with 55% local employment. ACWA Power portfolio, with an investment value of USD 107.5 billion, can generate 78.85 GW of power and produce 9.5 million in a day of desalinated water.

COMPANY HISTORY
In 2002, the Government of the Kingdom of Saudi Arabia decided to increase the role the private sector played in the Saudi economy by opening up the production of electricity and desalinated water to the private sector to own and operate.

Recognizing the opportunity that this significant shift in policy offered, Vision Invest (representing the Abunayyan Trading Company and Abdulkadir Al Muhaidib & Sons Co.) along with the MADA Group for Industrial and Commercial Development (MADA Group) formed a joint venture under the name of ACWA Power Projects in 2004. The latter was the forerunner of present day ACWA Power, which was subsequently founded in 2008.

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

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

We value.
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.

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 practicing the highest professional and ethical standards towards our clients, communities and one another.

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.

ACWA Power investment strategy centers on leading the energy transition by providing reliable and responsible power, desalinated water, and green hydrogen at low cost.

The company aims to triple its assets under management to about USD 250 billion by 2030, sustaining its global leadership in water desalination and renewable energy