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ACWA Power Company announces Initial Commercial Operation of an additional 1,000MW at ArRass2 PV IPP located in Qassim Region, Saudi Arabia

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Announcement Detail ACWA Power Company announces that it has received on the 4th of November 2025 a notice from the project company “Nawwar Renewable Energy Company” located in Qassim Region, Saudi Arabia, stating that it has been granted the Initial Commercial Operation Certificate for an additional capacity of 1,000 MW bringing the total capacity of the project to 2,000MW.

ACWA Power effectively owns 50.1% stake in ArRass2 PV IPP.

The Company expects the financial impact to be reflected in Q4 2025.