Since its inception ACWA Holding has followed an expansionary path making long-term investments in various companies and sectors that provide synergetic value creating possibilities on its way to form a broadly-based holding company. ACWA Holding today groups together fully-integrated infrastructure projects and services companies with interests in power and water, manufacturing, utilities and services, construction and contracting, transportation and real estate development that can deliver services to each and every segment of the value chain.
To attain global leadership as an infrastructure developer through both acquisitions and greenfield project development.
To promote economic and social development in the Kingdom of Saudi Arabia, the MENA Region and globally by pursuing a well-defined business model focused on asset development, ownership and management.
Since its founding, ACWA Holding, through its main affiliate ACWA Power International, has successfully pursued power and water development opportunities in Saudi Arabia and the wider Arabian Gulf region. Today, ACWA Power International stands as the largest private producer of water, a major generator of power and a leader in the privatization of state-owned utilities and assets in Saudi Arabia.
Pursuing further expansion, ACWA Holding has developed an integrated strategy of diversification into complimentary infrastructure activities including utilities and water management; district cooling; civil contracting; pipe, manufacturing; and industrial mining.
More recently, ACWA Holding has widened its activities into other infrastructure-related businesses such as the development of privately-owned industrial cities, transportation with considerable success in the areas of air cargo and the expansion of the Saudi transportation network and logistics in particular.
ACWA Holding is owned equally by Al Muhaidib Group and Abdullah Abunayyan Group, two well-reputed, long-established and
highly-diversified Saudi business houses with outstanding records of achievement and sound financial credentials. In combining their
foresight and entrepreneurialism with their considerable experience and expertise the partners have been a major factor in the success of ACWA Holding.
Perhaps nowhere that the Investors' strong financial principles and detailed analyses that have ensured the soundness of ACWA Holding's activities is more evident than in its ability to raise more than USD 10 billion from major international, regional and local financial institutions for its projects in recent years.
Al Muhaidib Group was founded in Dammam more than 60 years ago and today has a wide spread of interests comprising building and construction materials, food and retail, animal feed, communications, mega shopping centers, industrial activities especially construction industries, general contracting and investment specialized companies.
Abdullah Abunayyan Group commenced operations in 1950 providing integrated solutions for the water industry in Saudi Arabia and the GCC countries, subsequently expanding into trading, manufacturing, the provision of services and investment in the water, power, oil and gas sectors so becoming a leading turnkey contractor in water and energy related activities.
From the very beginning the founders of ACWA Holding have sought alliances with globally-recognized companies. Today, ACWA Holding is proud to boast about its highly successful relationships with Suez Energy International and Suez Environnement of France; Sasakura, Mitsubishi Corporation, Marubeni Corporation, JGC Corporation and Itochu Corporation of Japan; Malakoff, Khazanah, TNB and Zelan Holding of Malaysia; Air Product, USA. As ACWA Holding continues along its global growth path it will work to build yet further on these existing partnerships and establish relationships with other companies of stature in the international market place.
ACWA Holding is actively empowering its corporate social responsibility by serving the Saudi community. It employs vast efforts to recruit, train and fully integrate qualified and ambitious young Saudis into its various businesses, thus providing them with every opportunity to attain their full personal growth.
The responsibility towards protecting the environment is also essential for ACWA Holding's corporate philosophy, through various awareness initiatives such as seminars, exhibitions, and water saving campaigns; as well as planting green landscapes in industrial cities. Nevertheless, all ACWA's projects are professionally certified as being in full compliance with local and international environmental standards and legal regulations.
Furthermore, ACWA Holding, through ACWA Power International, funds a Chair in Water Resources and Desalination at King Saud University and operates a specialized training centre to provide courses in the fields of water and power technology and operation and maintenance.
Beatona is involved in environment solutions and waste management, and specifically in developing innovative solutions for the conversion of waste to energy. Beatona’s Vision is to become the leading innovative developer of Integrated Solid Waste Management Solutions across MENA, by effectively localizing best-in-class standards and technology.
Saudi District Cooling Company is a highly experienced district cooling scheme developer in KSA with its headquarters based in Khobar, Eastern Province. It is operated as a closed joint stock company between ACWA Holding, Tabreed (UAE), and other investors to run a current contracted capacity of 187,000 tons of refrigeration.
The joint venture between Tabreed and ACWA Holding has been utilised in creating a company that brings together a powerful combination of experience, business acumen and technical excellence, thus in Saudi Tabreed creating a private company that excels in providing an innovative and energy efficient cooling service while constantly investing in the future of the Saudi Arabia.
Miahona, arabic for “our water”, provides management and concession services for urban utilities including water supply networks, waste-water collection and water & waste-water treatment facilities.
Furthermore it offers engineering consultation, remediation, management and master planning in different disciplines of water and wastewater in Saudi Arabia and MENA region.
Tarabot was incorporated in 2007 to develop projects in the ever growing transportation sector in the region. Its vision is to become the leader in development of successful projects across the full range of transportation modes including road, railway, air and sea transportation.
Tarabot not only aims to be the developer but also a key player in organizing the transportation and logistics sector in Saudi Arabia and ultimately adding value both to the economy and the community.
GAS Industry Company for Industrial Services (a Saudi Joint Venture formed by ACWA HOLDING and AIR PRODUCTS CHEMICALS) was awarded a contract by Saudi Aramco to build, own, operate and transfer (BOOT) the world’s largest industrial gas complex to supply 75,000 metric tons per day (20,000 oxygen and 55,000 nitrogen) to Saudi Aramco’s refinery being built in Jazan, Saudi Arabia for 20 years.
The industrial gas complex will be designed and built by Air Products using its proprietary technology. The project company (Jazan Gaz) is owned by GAS Industry Company for Industrial Services (51%) and ACWA Holding (49%)
ACWA Power International is an independent developer, owner and operator of power generation and desalinated water production plants. As a lead developer, API selects the optimal technical solution for each project, procures the appropriate engineering, procurement and construction solution, prepares a robust business case and a financial model, structures equity and debt financing, and submits a competitive and comprehensive offer to supply water and/or power on a BOO/BOT/BOOT basis.
ACWA Power Sasakura, a joint venture among ACWA Holding and Sasakura Engineering and Itochu Corporation of Japan, is an EPC contractor, specializing in the delivery of desalination plants utilizing the Multi Effect Desalination (MED) and Reverse Osmosis (RO) technologies. The company also provides engineering and other consultancy services to various customers on rehabilitating or extending the life of existing plants.
AJMC is the first Saudi Arabian company to manufacture hollow fiber RO membrane elements for seawater desalination. AJMC was established in 2010 by a Saudi Arabian company; ACWA Holding, and two Japanese companies; Toyobo and Itochu. AJMC is a reliable and credible manufacturer and a technical service provider of Toyobo's desalination membrane technology.
With more than 130 years of glass processing experience and a culture of excellence, FLABEG is one of the world leader in the production of solar glass .
Global ports and Rail Company is one of ACWA Holding's subsidiaries that specialises in the overall operation of railways and ports. Headquartered in Riyadh with service branches in key strategic locations Kingdom-wide, Global Ports & Rail Company operates ports and railways in terms of management, maintenance, logistics, and construction.
Multiforms UAE is a leading architectural façade Specialist Company based in the Middle East. With head office in Dubai, the Company provides building envelope design, supply and installation services across the Middle East. Multiforms has in-house production facilities for Glass, Aluminum and u-PVC works located in Dubai.
Headquartered in Riyadh, Saudi Arabia, Toledo Arabia Company LLC is young and dynamic with the solid foundations, enlightened expertise and regional reach needed to deliver professional services and optimal results for the rapidly growing energy and infrastructure sectors in the Kingdom of Saudi Arabia.
USCI was established in 2008 as a full-service supplier of specialty chemicals, primarily for use on Anti-Scalants to control scale formation, reduce frequency of cleaning, minimize downtime and optimize production capacity.
UMIC is a Saudi Arabian private company founded in 2004 to pursue opportunities in the non-oil natural resources sector.
Based in Jeddah, the commercial center of Saudi Arabia, UMIC currently operates several industrial mineral mining and processing projects. UMIC is known in Saudi Arabia as a reputable and reliable natural resources company, with a well-qualified and specialised team of geologists and engineers.
Welspun is a fully integrated leader in the Pipes, Plates & Coils and Home Textiles sector, as well as having a strong presence in the other businesses such as Steel, Infrastructure and Energy. Welspun Middle East started its operation in 2010 at Dammam Industrial City in the Kingdom of Saudi Arabia.
January 18, 2016
FLABEG FE GmbH, the international market leader and manufacturer of high-precision solar mirrors for Concentrated Solar Power (CSP) and Concentrated Photovoltaics (CPV), attended the China CSP.. read more
April 19, 2015
Air Products (NYSE: APD) announced today that it has been awarded a contract by Saudi Aramco under a joint venture (JV) of Air Products and ACWA Holding to.. read more
July 02, 2015
King & Spalding advised Arabian Company for Water and Power Development (ACWA) on the Islamic financing for a new US$2 billion industrial gases project in Saudi .. read more
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