ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants, today signed a memorandum of understanding (MoU) with China Energy Engineering Corporation Limited (Energy China) during a ceremony in Dubai.
Under the agreement, both companies will be able to explore joint investment opportunities and cooperate on power generation and water desalination projects across the Middle East and Asia, ACWA Power said in a statement.
The MoU was signed by ACWA Power’s Chairman, Mohammad Abunayyan and ENERGY CHINA’s Chairman, Wang Jianping, in addition to other high-ranking officials.
Energy China is a global leader in international engineering and EPC contracting.
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