ACWA Power Profit Jumps 44% as 15 GW Renewables Plan Advances
In Q1 2025, ACWA Power’s net profit jumped 44% year over year, alongside revenue and gross profit growth and margins consistently above 50%. The company manages US$107B of assets, including 78.9 GW of wind and solar capacity and 9.5 million cubic meters/day of desalination. It signed 15 GW of renewables worth $8.3B for operation in 2027–2028.