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Acwa closes USD 693 mn purchase of Az-Zour North IWPP stakes + Neom backs five startup studios
PLUS: Four Seasons joins Diriyah’s growing roster of luxury hotels
Acwa Power cements Central Asian foothold with Azerbaijani desalination plant
The agreement covers the full stack of design, construction, financing, ownership, operation, and maintenance of the reverse-osmosis desalination plant
Saudi banks power Ras Mohaisen water project to financial close
Banque Saudi Fransi, Riyad Bank, and Saudi Investment Bank, with Standard Chartered as the sole international lender
Acwa Power is getting Badeel’s stake in Shuaibah Water
The deal will lift Acwa’s ownership to 62%, from 30% currently.
Acwa + Bapco to develop 2.8 GW cross-border solar project
The project will be located in Saudi, but all its output will be transmitted to Bapco Energies’ load center in…
Acwa Power secures over SAR 22 bn of financing for solar, wind projects
Five solar plants and two wind farms to be developed and operated under 27-year financing packages
PIF + Acwa Power to develop utilities for real estate portfolio
ALSO: Mila Celebrations and Rodyan seal USD 5 mn partnership
More and more 3Q earnings are rolling in
STC’s net income fell 11.5% y-o-y to SAR 4.1 bn
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