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ACWA Power's strategic partnership with Uzbekistan reaches $15bn investment
Apr 05, 2025•about 1 year ago
Contract Type
partnership
RiyadhWaterWater Purification
Description
ACWA Power, a Saudi Arabian company, has reached a milestone in its strategic partnership with Uzbekistan by investing $15bn in the country's energy sector. The investment portfolio includes the launch of wind and solar power plants as well as energy storage systems.
Company Information
Company
Acwa
Location
Riyadh, Riyadh Region, Saudi Arabia
About
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 operates in several countries, managing numerous utility assets. It is known for its innovative projects in the energy and water sectors.