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ACWA Power Company announces the start of Commercial Operation for Group 3 of Sudair Solar Photovoltaic Project.

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Announcement Detail ACWA Power Company announces that it has received from the Saudi Power Procurement Company (SPPC) on 3rd January 2024 the Commercial Operation certificate of Group 3 of Sudair Solar Photovoltaic Project in Saudi Arabia. Group 3 included additional 25% of the total project capacity. The complete plant achieved commercial operation with total capacity of 1500 Megawatt.

ACWA Power owns a net stake of 35% in Sudair One Renewable Energy Company.

The Company expects financial impact to be reflected in Q1 2024.