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ACWA Power Completes Acquisition of Power Generation, Water Desalination Assets from Engie

MT Newswires·12/15/2025 04:14:18
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04:14 AM EST, 12/15/2025 (MT Newswires) -- Saudi utility ACWA Power Co. (SASE:2082) completed the acquisition of gas-fired power generation and water desalination assets in Kuwait and Bahrain from French energy transition company Engie (ENGI.PA). The power generation assets have a total capacity of 4.6 gigawatts, and the desalination assets have a capacity of 1.1 million cubic meters per day, according to a Monday filing.