Who we are
Registered and established in 2004 in Riyadh, Saudi Arabia, ACWA Power employs over 3,700 people and is currently present in 12 countries in the Middle East, Africa, Central Asia and Southeast Asia. ACWA Power’s portfolio comprises 81 projects in operation, advanced development, or under construction with an investment cost of SAR 317.8 billion (USD 84.7 billion), and the capacity to generate 55.1 GW of power and produces 7.6 million m3/day of desalinated water, delivered on a bulk basis to address the needs of state utilities and industries on long term, offtaker contracts under utility services outsourcing and Public‑Private‑Partnership models.
| Chairman | Mohammad Abunayyan |
| Vice‑Chairman and MD | Raad Al‑Saady |
| CEO | Marco Arcelli |
| CFO | Abdulhameed Al Muhaidib |
| Employees | 3,701 |
To ensure the ingenuity and entrepreneurship of the private sector and make electricity and desalinated water in a reliable and responsible manner to support social development and economic growth.
By 2030, to be the best employer in the region, the thought leader in our industry, and the preferred partner for growth in the countries where we operate.
Deliver low cost power and desalinated water reliably and responsibly.
We’re committed to energy transition from carbon-based fuels to renewables and apply ambition across all our activities and operations to achieve net zero emissions by 2050
- We put safety first! We are committed to protecting the well‑being of our employees, partners, plants and the communities in which we operate.
- We find sustainable solutions for our business to protect the environment for generations to come.
Safety is fundamentally important to us and during 2023 we made further progress on our systems and training. Zero harm in the workplace remains our core goal.Marco Arcelli CEO
- We treat our employees and partners with respect and professionalism, fostering a working environment where people can contribute, innovate and excel.
- We work together in collaborative and inclusive teams, showing support for each other to achieve client, personal and company goals.
- We embrace integrity and transparency by practising the highest professional and ethical standards towards our clients, communities and one another.
Our most important asset is, of course, our people; their ambition, energy and skills will determine our success.Faisal Jadu Head of People & Culture
- We are committed to excellence in our business and operations. We set and achieve ambitious goals by constantly raising the bar of our performance.
- We hold ourselves accountable for taking ownership to achieve superior results.
- We are bold, passionately taking on challenges with speed and agility, quickly adapting to our environment in the relentless pursuit of growth and great results.
2023 was another year of remarkable progress for ACWA Power and I am delighted we have posted record results.Abdulhameed Al Muhaidib Chief Financial Officer