Craft

Acwa Power

Stock Price

﷼453.8

2024-10-29

Market Capitalization

﷼332.4 B

2024-10-29

Revenue

﷼5.6 B

FY, 2023

Acwa Power Summary

Company Summary

Overview
Acwa Power (أكوا باور) is a company that is engaged in generating electricity. It generates power through a range of fossil fuel and renewable sources, such as oil, coal, gas, solar, hydrogen, photovoltaic, and wind. The company also offers installation, operation and maintenance, and contracting of water desalination, steam plants, and sale of electricity.
Type
Public
Status
Active
Founded
2004
HQ
Riyadh, SA | view all locations
Website
https://acwapower.com/en
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Mohammad A. Abunayyan

    Mohammad A. Abunayyan, Founder & Chairman of the Board of Directors

    • Raad Al-Saady

      Raad Al-Saady, Vice Chairman & Managing Director

    • Kashif Rana

      Kashif Rana, Chief Portfolio Management Officer

    • Bart Boesmans

      Bart Boesmans, Chief Technology Officer

    LocationsView all

    15 locations detected

    • Riyadh, Riyadh Province HQ

      Saudi Arabia

      Building 1, Ground Floor, Business Gate Office Complex, Airport Road, P.O. Box 22616

    • Baku

      Azerbaijan

      Landmark III, 90A Nizami Street

    • Beijing, Bei Jing Shi

      China

      701-701, Taikang Int’l Tower, No. 2 Wudinghou Street

    • New Cairo, Cairo Governorate

      Egypt

      Giza Systems Building, 1st Floor, Second Sector

    • Addis Ababa, Addis Ababa

      Ethiopia

      07, House No: New, 4th floor Office numbers 24A1 & 24A2 Ras Mekonnen street, Wegagon Tower

    • Jakarta, Daerah Khusus Ibukota Jakarta

      Indonesia

      Pondok Indah Office Tower 5 16th Floor, Jalan Sultan Iskandar Muda Kav. V-TA

    and 9 others

    Acwa Power Financials

    Summary Financials

    Revenue (Q2, 2024)
    ﷼1.4B
    Gross profit (Q2, 2024)
    ﷼848.2M
    Net income (Q2, 2024)
    ﷼670.5M
    Cash (Q2, 2024)
    ﷼3.8B
    EBIT (Q2, 2024)
    ﷼390.8M
    Enterprise value
    $354.8B

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