Logo of ACWA Power Co.
ACWA Power Co. announced today, Aug. 10, the start of operation of NAQA'A Desalination Plant in Umm Al Quwain, UAE, with a production capacity of 681,900 cubic meters (m3) of desalinated water per day.
ACWA Power, in a statement to Tadawul, indicated ownership of a 40% stake in NAQA'A Desalination Plant.
The energy giant sees the financial impact of operating the project’s final phase materializing in the company's financials as Q3 2022.
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