International Company for Water and Power Projects (2082) Stock Overview

ACWA Power Company engages in investment, installation, construction, development, operation, and maintenance of power generation, green hydrogen, and desalinated water plants in the Kingdom of Saudi Arabia, Africa, Middle East, Asia. It operates through Thermal and Water Desalination; Renewables; and Others segments. The company also engages in the installation, operation and maintenance, and contracting of electricity generation, water desalination, and steam plants; and sale of electricity, desalinated water, green energy, and steam. It generates power through a range of fossil fuel and renewable sources, such as oil, coal, gas, solar, hydrogen, photovoltaic, and wind. 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.