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ACWA Power Company announces the beginning of the Plant Commercial Operation for the Hassyan Energy Project.

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Announcement Detail ACWA Power Company announces that it has received from Dubai Electricity & Water Authority (DEWA) on 23 November 2023 the Plant Commercial Operation certificate for the 2,400 MW Hassyan Energy Project. With this achievement, the last 600 MW Power Unit joins the three previous 600 MW Power Units that entered into commercial operation in earlier stages.

ACWA Power owns a net stake of 26.95% in Hassyan Energy Phase 1, P.S.C.

The financial impact of achieving the full capacity will be reflected from Q4 2023 onwards.