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ACWA Power Company announces the start of Initial Commercial Operation for Group 1 of Sudair Solar Photovoltaic Project

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Announcement Detail ACWA Power Company announces that it has received from the Saudi Power Procurement Company (SPPC) on 27 September 2023 the Initial Commercial Operation certificate of Group 1 of Sudair Solar Photovoltaic Project in Saudi Arabia. Group 1 representing 50% of the 1500 MW plant capacity.

ACWA Power owns a net stake of 35% in Sudair One Renewable Energy Company.

The Company expects financial impact to be reflected in Q4 2023 onwards