Riyadh-headquartered developer, investor and operator of power generation, water desalination and green hydrogen assets, founded 2004. Rebranded from ACWA Power to ACWA in January 2026. Reports around USD 115 billion in assets under management across 111 assets in 15 countries, supplying electricity to over 75 million people and desalinated water to about 34 million people daily. Describes itself as the world largest private water desalination company.