Mubadala Infrastructure Partners Energy Limited
ACWA Power is a developer, investor, co-owner, and operator of a portfolio of power generation and desalinated water production plants currently with a presence in 12 countries including in the Middle East and North Africa, Southern Africa and South East Asia regions. ACWA Power’s portfolio, with an investment value in excess of USD 30.5 billion, can generate 21.5 giga watt of power and produce 2.5 million cubic meters per day of desalinated water to be delivered on a bulk basis to state utilities and industrial majors on long-term off-take contracts under Public-Private-Partnership, Concession and Utility Services Outsourcing models.
ACWA Power, registered and headquartered in the Kingdom of Saudi Arabia, is owned by eight Saudi conglomerates, Sanabil Direct Investment Company (owned by the Public Investment Fund of Saudi Arabia), the Saudi Public Pensions Agency and the International Finance Corporation (a member of the World Bank Group).
MIP has invested in ACWA Power International’s Turkish business (http://acwapower.com/projects/) .