IssuerAnnouncementDetailsV2Portlet
Actions
ACWA Power Company announces the start of the commercial operation of Central Tower (CT) 100 MW Unit of Noor Energy 1 P.S.C.
| Element List | Explanation |
|---|---|
| Announcement Detail | ACWA Power Company announces the start of Commercial Operation for the Central Tower (“CT”) 100 MW Unit from February 20, 2023, of Noor Energy 1 P.S.C which is part of 950 MW Solar CSP Independent Power Project, Phase IV of the MBR Solar Park located in the Emirate of Dubai, UAE. Total capacity under Commercial Operation has now reached to 517 MW. ACWA Power owns a net stake of 25% in Noor Energy 1 P.S.C. The company expects financial impact from the full capacity (950 MW) from quarter 1 of 2024 financial results onwards. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
Share
Company Performance
Key Parameters
Last Price 229.9
Net Change 3.7 (+1.64%)
Value Traded (Sar) 60,716,437.5
Volume Traded 263,781
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions