paddy padmanathan

ACWA Power Khalladi opens its Capital to SAHAM Assurances
ACWA Power Khalladi has welcomed SAHAM Assurances a new institutional investor, who will hold 24% of the Capital and who will sit on the Board of Directors
Acwa Power secures $700mn financing for Saudi desalination project
The large-scale seawater reverse osmosis scheme, which has a capacity of 600,000 cubic feet metres per day, will be developed in consortium with Saudi Brothers Commercial Company
ACWA Power signs strategic agreements with two Chinese entities
The agreements with the Silk Road Fund and Huawei will lay the ground for collaboration in further investments and in technological advancements of power generation
ACWA Power signs cooperation agreement with three international entities for Noor Energy 1
Top executives from the four entities entered an agreement to work together on the Noor Energy 1 Plant, engage in knowledge-sharing and to collectively pursue future opportunities
Powering the Universe
ACWA Power has grown into a leading private sector energy and water provider, achieving significant milestones over the years since it was founded. Much of this success can be attributed to its President and CEO, Paddy Padmanathan, who has studiously served the company for nearly two decades
ACWA Power and AlGihaz achieve financial closure for Sakaka PV IPP
A new company “Sakaka Solar Energy Company (SSEC)” has been formed with ACWA Power holding 70% and AlGihaz 30% through its subsidiary AlGihaz Renewable Energy Company to own the Sakaka PV Plant

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