Saudi Arabia's ACWA Power, the world's largest private water desalination firm, reports a 36% increase in H1 2024 net profit to SAR927m ($247m)
Saudi Arabia's ACWA Power, world's largest private water desalination firm, reported a 36% increase in net profit to SAR927m ($247m) in H1 2024 compared to the same period in 2023. Operating income before impairment losses & expenses reached SAR1.389bn, up by SAR100m. The company added 10.5GW renewable power capacity, plans to triple assets to $250bn by 2030 & aims to double its power generation capacity to 50GW.
August 04, 2024
3 Articles