Acquiring Company
Acwa
Acquired Company
ENGIE S.A
Riyadh
ParisWaterWater PurificationEnergyOil And GasRenewable EnergyBiomass EnergyDescription
ACWA Power has completed its acquisition of ENGIE's stakes in Bahrain's gas-fired power generation and water desalination assets, valued at $693 million. This acquisition includes ownership of plants and operations, expanding ACWA Power's portfolio. ENGIE’s Kuwait assets will also be acquired after technical conditions are met. The deal aligns with ACWA Power’s goal of reaching $250 billion in assets by 2030.
Other recent acquisitions in Water and Water Purification
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Constellation completes acquisition of Calpine Corporation (December 5, 2025)
- Vistra acquires Cogentrix Energy for $4 billion, $4B (January 28, 2026)
- Prime Infra acquires 60% of First Gen gas assets (November 18, 2025)
- Qair acquires EEF SAS to boost wind assets (December 17, 2025)
- Centrica acquires Grain LNG for £1.5 billion, $2B (November 29, 2025)
- Diversified Energy acquires Canvas Energy for $550M, $550M (November 24, 2025)
Who to call at Acwa, and when
When Acwa changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Acwa raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Acwa, from your own LinkedIn network
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Related People
Frequently asked
Who acquired ENGIE S.A?
ENGIE S.A was acquired by Acwa, based in Riyadh. The deal was reported on December 16, 2025. Acwa is a leading utility developer in Saudi Arabia, focused on water and electricity projects. The company aims to expand its global portfolio and improve sustainability. Acwa is privately held and operates in Water.
When did Acwa acquire ENGIE S.A?
Acwa's acquisition of ENGIE S.A was reported on December 16, 2025. ACWA Power has completed its acquisition of ENGIE's stakes in Bahrain's gas-fired power generation and water desalination assets, valued at $693 million. This acquisition includes ownership of plants and operations, expanding ACWA Power's portfolio. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ENGIE S.A do?
ENGIE S.A. is a global leader in multi-energy solutions, focusing on the generation of renewable energy, gas infrastructure, and energy services. The company operates across Europe, Latin America, and beyond, providing integrated energy solutions. It is privately held, operating in Energy, and is based in Paris.
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