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ACWA Power Company announces an update to its entry to the People’s Republic of China market

Element ListExplanation
Previous Announcement ACWA Power Co. announces successful entry to the People’s Republic of China market, securing over 1 GW of renewable energy projects.
Date of Previous Announcement on Saudi Exchange’s Website 2024-12-30 Corresponding to 1446-06-29
Hyperlink to the Previous Announcement on the Saudi Exchange Website Click Here
Latest Developments Of The Announced Event ACWA Power Company announces receiving a notification from ACWA Power China on 29 December 2025 confirming entering into multiple Share Purchase Agreements “SPA” in China for the acquisition of wind power projects, including one operational site (250MW) and four under-construction assets (1,000MW), with conditional handover at operation.

ACWA Power previously has announced entry into China with a development pipeline of 1GW of renewable energy projects, out of which 333MW satisfied ACWA Power conditions and were added to the company’s operational portfolio.

The costs associated with the event, and if they have changed or not with indication of the reasons. None