Our Assets

As at 31 December 2022

Project name Country Total investment cost (MSAR) ACWA Power effective share Contracted power (MW) Contracted water (000’ m3 /day) Technology PCOD (actual / expected) / Status
OPERATIONAL
Shuaibah IWPPShuaibah IWPP is in the process of being decommissioned and replaced by a reverse osmosis seawater desalination plant with a capacity of 600,000 m3/day. Saudi Arabia 9,188 30.00% 900 880 Oil/MSF Q1 2010
Shuaibah Expansion IWP Saudi Arabia 874 30.00% - 150 SWRO Q4 2009
Petro-Rabigh IWSPPPetro-Rabigh IWSPP is a captive plant producing 29,520 tonnes of steam per day in addition to power and water for the offtaker. Petro-Rabigh IWSPP includes Petro-Rabigh (Phase 2) IWSPP. Saudi Arabia 8,155 99.00% 520 189 Oil/SWRO Q2 2008Q2 2008 was the PCOD for Petro-Rabigh IWSPP. Petro-Rabigh (phase 2) IWSPP PCOD was Q1 2018.
Marafiq IWPP Saudi Arabia 11,561 20.00% 2,744 800 Natural Gas/ MED Q4 2010
Rabigh IPP Saudi Arabia 9,398 40.00% 1,204 0 Oil Q2 2013
Barka 1 IWPP Oman 1,556 41.91% 427 91 Natural Gas/ MSF Operational when acquired in Q3 2010
CEGCO AssetsCEGCO includes four assets of which two are renewable (wind) assets. Jordan 1,759 40.93% 692 0 Natural gas Operational when acquired in Q3 2011
Hajr IPP Saudi Arabia 10,219 22.00% 3,927 0 Natural gas Q1 2015
Barka 1 Expansion IWP Oman 199 41.91% - 46 SWRO Q2 2014
Noor I CSP IPP Morocco 3,153 73.13% 160 0 CSP parabolic Q1 2016
Bokpoort CSP IPP South Africa 1,939 20.40% 50 0 CSP parabolic Q1 2016
Rabigh 2 IPP Saudi Arabia 5,854 50.00% 2,060 0 Natural gas Q1 2018
Kirikkale CCGT IPPKirikkale is a merchant-market asset. Turkey 3,488 69.60% 950 0 Natural gas Q3 2017
Khalladi Wind IPP Morocco 655 26.01% 120 0 Wind Q2 2018
Barka 1 Phase II Expansion IWP Oman 298 41.91% - 57 SWRO Q1 2016
Noor II CSP IPP Morocco 4,125 75.00% 200 0 CSP parabolic Q2 2018
Noor III CSP IPP Morocco 3,233 75.00% 150 0 CSP tower Q4 2018
Shuaa Energy PV IPP UAE 1,222 24.99% 200 0 PV Q1 2017
Salalah 2 IPP - Existing Oman 629 27.00% 273 0 Natural gas Operational when acquired in Q2 2015
Salalah 2 IPP - Greenfield Oman 1,687 27.00% 445 0 Natural gas Q1 2018
Ibri IPP Oman 3,683 44.90% 1,509 0 Natural gas Q2 2019
Sohar 3 IPP Oman 3,686 44.90% 1,710 0 Natural gas Q2 2019
Zarqa IPP Jordan 1,834 60.00% 485 0 Natural gas Q3 2018
NOOR PV1 IPPNOOR PV 1 IPP includes three assets. Morocco 788 75.00% 135 0 PV Q4 2018
Mafraq PV IPP Jordan 265 51.00% 50 0 PV Q4 2018
Shuaibah 2 IWP Saudi Arabia 1,155 100.00% - 250 SWRO Q2 2019
Risha PV IPP Jordan 254 51.00% 50 0 PV Q4 2019
BenBan 1 Egypt 281 32.81% 50 0 PV Q3 2019
Ben Ban 2 Egypt 300 32.81% 50 0 PV Q3 2019
Ben Ban 3 Egypt 113 18.05% 20 0 PV Q3 2019
Salalah IWP Oman 600 50.10% - 114 SWRO Q1 2021
Rabigh 3 IWP Saudi Arabia 2,576 70.00% - 600 SWRO Q4 2021
Al Dur Phase II IWPP Bahrain 4,125 60.00% 1,500 227 Natural Gas/ SWRO Q2 2022
UAQ IWP UAE 2,988 40.00% - 682 SWRO Q3 2022
Ibri 2 PV IPP Oman 1,481 50.00% 500 - PV Q3 2021
Jazan IGCCIn addition to power, Jazan IGCC also produces steam: 585,000 tonnes/hour, and hydrogen: 184,000 Nm3/hour. Saudi Arabia 45,000 25.00% 3800 - Oil Q4 2021
Sakaka PV IPP Saudi Arabia 1,133 70.00% 300 - PV Q2 2020
Total 149,449 25,182 4,084
Project name Country Total investment cost (MSAR) ACWA Power effective share Contracted power (MW) Contracted water (000’ m3 /day) Technology PCOD (actual / expected) / Status
UNDER CONSTRUCTION
Hassyan IPPConverted from primary coal to primary natural gas asset in Q1 2022. UAE 12,140 26.95% 2,400 0 Natural gas Q3 2023
Noor Energy 1 UAE 17,145 24.99% 950 - CSP Q4 2023
Taweelah IWP UAE 3,278 40.00% - 909 SWRO Q2 2023
Jazlah IWP Saudi Arabia 2,468 40.20% - 600 SWRO Q1 2023
Shuaa Energy 3Following the Company’s partial divestment, subject to the completion of the conditions precedent of the SPA, effective shareholding of the Company in Shuaa Energy 3 will reduce to 12.24%. UAE 2,108 24.00% 900 - PV Q1 2023
Sirdarya CCGT IPP Uzbekistan 3,814 51.00% 1,500 - Natural gas Q3 2023
Kom Ombo Egypt 619 100.00% 200 - PV Q3 2023
Redstone CSP IPP South Africa 2,715 49.00% 100 - CSP tower Q4 2023
Sudair PV IPP Saudi Arabia 3,465 35.00% 1,500 - PV Q4 2024
Red Sea Project Saudi Arabia 5,966 50.00% 340 33 PV, BESS, ICE, RO, district cooling Q4 2023
Shuaibah 3 IWP Saudi Arabia 3,113 68.00% - 600 SWRO Q2 2025
Bash Wind IPP Uzbekistan 2,588 100.00% 500 - Wind Q1 2025
Dzhankeldy Wind IPP Uzbekistan 2,468 100.00% 500 - Wind Q1 2025
Total 61,883 8,890 2,142
Capacity of assets under construction that have achieved partial COD
Project name Country ICOD Online capacityCumulative total capacity that is online as at the ICOD date.
Power (MW) Water ('000 m3 /day)
Shuaa Energy 3 UAE Oct-22 600 -
Taweelah IWP UAE Jun-22 - 455
Noor Energy 1 UAE Dec-21 217 -
Hassyan IPP UAE Sept-21 600 -
Total 1,417 455
Project name Country Total investment cost (MSAR) ACWA Power effective share Contracted power (MW) Contracted water (000’ m3 /day) Technology PCOD (actual / expected) / Status
ADVANCED DEVELOPMENT
Azerbaijan Wind IPP Azerbaijan 1,073 100.00% 240 - Wind PPA signed
Neom Green HydrogenWhen commissioned, the project will produce 600 tonnes of clean hydrogen per day and 1.2 million tonnes of green ammonia per year. Saudi Arabia 31,875 33.33% 3,883 - PV+Wind PPA signed
Shuaibah PV IPP Saudi Arabia 1,219 50.00% 600 - PV PPA signed
Kungrad 1 Wind IPP Uzbekistan 3,998 100.00% 500 - Wind PPA signed
Kungrad 2 Wind IPP Uzbekistan 2,501 100.00% 500 - Wind PPA signed
Kungrad 3 Wind IPP Uzbekistan 2,501 100.00% 500 - Wind PPA signed
Suez Wind Egypt 5,625 75.00% 1100 - Wind PPA signed
Nukus Wind IPP Uzbekistan 404 100.00% 100 - Wind PPA signed
Ar Rass PV IPP Saudi Arabia 1,688 40.10% 700 - PV PPA signed
Saguling Floating PV IPP Indonesia 225 49.00% 60 - PV Preferred Bidder
Singkarak Floating PV IPP Indonesia 188 49.00% 50 - PV Preferred Bidder
Laylaa PV IPP Saudi Arabia 394 40.10% 80 - PV PPA signed
Shuaibah 2 PV IPP Saudi Arabia 6,563 50.00% 2,060 - PV PPA signed
Total 58,252 10,373
Total investment cost (MSAR) Contracted power (MW) Contracted water (000’ m3/day)
Total operational assets 149,449 25,182 4,084
Total assets under construction 61,883 8,890 2,142
Total assets in the advanced development stage 58,252 10,373
GRAND TOTAL 269,584 44,445 6,226