ACWA to acquire ENGIE's assets in Bahrain and Kuwait

ACWA to acquire ENGIE’s assets in Bahrain and Kuwait for $693m
Saudi Arabia-based energy company ACWA Power has signed a share purchase agreement with the regional subsidiary of French utility developer ENGIE to acquire assets located in Bahrain and Kuwait valued at $693m.
Saudi Arabia's ACWA Power to buy Engie's share in Kuwait and Bahrain assets
Saudi Arabia's ACWA Power plans to buy stakes in assets in Kuwait and Bahrain worth $693 million from French utility developer ENGIE , according to a joint statement on Wednesday.
Engie Exits Kuwait, Bahrain With $693 Million Sale to Saudi Firm
France’s Engie SA agreed to sell its power and water assets in Kuwait and Bahrain to Acwa Power Co. for $693 million.
ACWA Power expands in Gulf with $693mn deal for Bahrain, Kuwait assets
The acquisition, estimated at a cost of $693 million, encompasses operating capacities of 4.61GW of gas-fired power generation and 1.11 million cubic meters per day (m3/day) of water desalination facilities, as well as the related operations and maintenance companies in Kuwait and Bahrain.
Saudi ACWA Power acquires assets in Kuwait and Bahrain for $693mln
ACWA Power will acquire ENGIE's shares in the four key operating assets. This includes an 18% stake in the Az Zour North (IWPP) in Kuwait, alongside 45% stakes in both the Al Ezzel (IPP) and Al Dur (IWPP) projects, as well as a 30% stake in the Al Hidd (IWPP) facility, all situated in Bahrain.
ACWA Power signs SAR 2.6B deal to acquire power, water assets in Kuwait, Bahrain
ACWA Power Co.signed an agreement to acquire power and water assets in Kuwait and Bahrain for 2.6 billion riyals ($693 million). For more news
ACWA Power Secures $693 Million Deal for Kuwaiti and Bahraini Assets
Dubai Saudi Arabia’s ACWA Power has entered into a definitive agreement to acquire significant stakes in power generation and water desalination assets from French utility developer ENGIE. The transaction,
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