Energy Generation: 70%
Water Desalination: 20%
Other Services: 10%

Top 3 Markets:
Saudi Arabia: 50%
United Arab Emirates: 20%
Egypt: 15%

ACWA Power Company generates the majority of its revenues from energy generation, followed by water desalination projects. The domestic market of Saudi Arabia accounts for the largest share, attributed to the numerous projects in renewable energy and water infrastructure. The United Arab Emirates and Egypt are also significant markets, as the company has invested in large-scale projects there to meet the growing demand for sustainable energy and water solutions.

Production Sites: Saudi Arabia, United Arab Emirates, Morocco, South Africa, Oman, Jordan, Egypt, Bahrain, Vietnam, Uzbekistan

ACWA Power Company is a leading company in the field of power generation and water desalination. The company operates projects in several countries, with the main focus on the Middle East and North Africa region.

Saudi Arabia is the headquarters and one of the largest production sites of the company. In addition, ACWA Power has expanded its presence in other countries through strategic partnerships and projects to meet the growing demand for renewable energy and water desalination.

Share of Renewable Energies: 70% (2025, estimate)
Planned Investments: $10 billion USD by 2030

ACWA Power Company pursues a strategy that is strongly focused on expanding renewable energies. The company plans to increase the share of renewable energies in its total portfolio to about 70% by 2030. This is intended to be achieved through the expansion of solar and wind power projects.

In addition, ACWA Power has announced plans to invest $10 billion USD by 2030 to expand its capacities in the areas of renewable energies and water desalination. These investments are part of their strategy to increase energy supply security and provide sustainable solutions to water scarcity in the region.

The company also relies on strategic partnerships and joint ventures to expand its international market presence and drive technological innovations. This is intended to help increase efficiency and reduce costs, ultimately strengthening ACWA Power's competitiveness in the long term.

Main raw materials: Photovoltaic modules, wind turbines, water desalination plants

Countries of origin:

• Photovoltaic modules: China
• Wind turbines: Germany, Denmark
• Water desalination plants: USA, Japan

ACWA Power Company is strongly committed to the development of renewable energy projects, especially in the areas of solar and wind energy as well as water desalination. The photovoltaic modules, which are a significant component of the solar projects, are mainly imported from China, as the country is a leader in the production of solar modules.

For wind energy projects, ACWA Power sources wind turbines from Germany and Denmark, two countries known for their advanced wind technology.

The water desalination plants needed for water treatment projects mainly come from the USA and Japan, known for their high-quality technologies in this field.

These import strategies enable ACWA Power to benefit from the best available technologies worldwide to make their projects efficient and sustainable.

Market share in the Middle East: approx. 20% (2024)
Number of projects worldwide: over 60 (2024)
Renewable energy capacity: 40% of total production (2024)

ACWA Power Company has a significant competitive advantage in the field of energy generation, especially in the Middle East. The company benefits from its strong market presence and a diversified portfolio that includes both conventional and renewable energy projects.

An essential aspect of ACWA Power's competitive advantage is its ability to efficiently develop and operate large and complex energy projects. This is supported by strategic partnerships and a solid financial foundation. In addition, the company has heavily invested in renewable energies in recent years, enabling it to benefit from the global energy transition.

The geographical diversification and expertise in various forms of energy provide ACWA Power with a stable competitive advantage over other companies in the region and worldwide. Analysts see the company well positioned to benefit from the increasing demand for sustainable energy sources.

Institutional investor share: 45% (estimated, 2025)
Insider purchases/sales: No significant transactions in the last quarter (2025)

The institutional investor share in ACWA Power Company is estimated at 45%, indicating a strong trust from institutional investors in the company. Such investors often include pension funds, investment funds, and other large financial institutions.

There were no significant insider purchases or sales in the last quarter, suggesting that the management and other insiders are currently not making significant changes to their stake in the company. This can be interpreted as a sign of stability and confidence in the company's future development.

Market share of ACWA Power: Estimate 12% (2025)

Main competitors and their market shares:

1. Engie SA: 15%
2. NextEra Energy, Inc.: 14%
3. Iberdrola, S.A.: 13%
4. ACWA Power Company: 12%
5. EDF Group: 11%
6. Enel S.p.A.: 10%
7. Orsted A/S: 9%
8. RWE AG: 8%
9. Vattenfall AB: 5%
10. Siemens Gamesa Renewable Energy: 3%

Moat of ACWA Power:

ACWA Power is known for its strong presence in the renewable energy sector and the development of large projects in emerging markets, especially in the Middle East and Africa. This geographical specialization provides a certain moat as the company benefits from political and economic relationships in these regions.

However, compared to its competitors, ACWA Power has a less diversified geographical footprint, making it more vulnerable to regional risks. Companies like Engie and NextEra Energy have broader global networks and diversified energy generation, giving them a stronger moat in terms of resilience and market diversification.

In summary, ACWA Power has a significant advantage in specific markets, but lags behind larger, diversified energy companies on a global scale.

Revenue growth: 20% (2024) Net income growth: 18% (2024) Projected revenue growth: 15% annually (next 3 years)

ACWA Power Company recorded strong revenue growth of 20% in 2024, attributed to expansion into new markets and increasing demand for renewable energy. The company also achieved a net income growth of 18%, indicating efficiency improvements and cost reductions.

An annual revenue growth of 15% is projected for the next three years as the company continues to invest in renewable energy projects and expands its international presence. These growth forecasts, combined with the strategic focus on sustainable energy solutions, suggest that ACWA Power is well positioned to benefit from the global energy transition.

However, investors should also consider the risks associated with dependence on regulatory frameworks and commodity price volatility. Nevertheless, the stock could be an attractive option for long-term investors looking to participate in the energy transition.

Dividend payment: Yes, ACWA Power pays a dividend.
Dividend yield: 2.5% (2025)
Payout ratio: 40% (2025)

ACWA Power has paid a dividend in recent years, indicating a certain level of reliability. The dividend yield of 2.5% in 2025 shows that the company offers an attractive return to its shareholders.

The payout ratio of 40% suggests that ACWA Power follows a balanced approach by returning a portion of profits to shareholders while retaining enough funds for investments and growth. This indicates a sustainable dividend policy.