ACWA Power: A $230 billion ambition

In:

Power, Renewables, Waste and water

Region:

Middle East & Africa

Sean Keating

Editor

Thomas Hopkins

Deputy Editor

ACWA Power has signed some significant financings in 2022 and may start 2023 on a high if its NEOM deal closes in the coming weeks. But its ambitions far outstrip past deal volumes. Given the energy it has put into building its project pipeline over the past 12 months, it appears to be very serious about building a $230 billion portfolio by 2030.

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or take a free trial for limited access to news and newsletters

Free trial

Has the time arrived for US carbon capture?

Roundtable

15 May 2024

Has the time arrived for US carbon capture?

A combination of higher subsidies and a recognition that renewables can’t do all the work of decarbonisation looks promising for the US. Proximo and Leidos assemble a panel of...

Financing last-mile connections in Africa

Perspective

17 May 2024

Financing last-mile connections in Africa

Low-income household energy projects in Africa are increasingly being financed via securitisation structures. The deals are relatively small, but the impact could prove as...

Must See

Is US offshore wind potential too big to fail?

Perspective

10 May 2024

Is US offshore wind potential too big to fail?

The fledgling US offshore wind market has been hit by many setbacks in the past year – but it is adapting. Appetite from investors and lenders remains strong and the reasons for that are many and compelling.

Roundtable

15 May 2024

Has the time arrived for US carbon capture?

A combination of higher subsidies and a recognition that renewables can’t do all the work of decarbonisation looks promising for the US. Proximo and Leidos assemble a panel of experts to look at what still needs to be done.

Perspective

17 May 2024

Financing last-mile connections in Africa

Low-income household energy projects in Africa are increasingly being financed via securitisation structures. The deals are relatively small, but the impact could prove as significant as new large-scale generation projects.