The Water and Electricity Holding Company (Badeel), a wholly-owned subsidiary of Saudi Arabia's Public Investment Fund (PIF), and ACWA Power have signed power purchase agreements with the Saudi ...

Saudi Arabia’s Public Investment Fund (PIF) is financing a large-scale solar project run by ACWA Power, which is helping to kickstart the country’s aim to become a global energy transition leader.

Saudi Arabia's ACWA Power plans to buy stakes in assets in Kuwait and Bahrain worth $693 million from French utility developer Engie, the companies said in a joint statement on Wednesday.