Investment Summary

ACWA Power International Invests In Oman 456 MW Project

On December 14, 2009, ACWA Power International invested in renewable energy company Oman 456 MW Project from AES

Investment Highlights
  • This is ACWA Power International’s 1st transaction in the Renewable Energy sector.
  • This is ACWA Power International’s 1st transaction in Oman.

Investment Summary

Date 2009-12-14
Target Oman 456 MW Project
Sector Renewable Energy
Investor(s) ACWA Power International
Sellers(s) AES
Deal Type Stake Purchase

Target

Oman 456 MW Project

Barka, Oman
Oman 456 MW Project is a combined cycle gas facility and desalination plant 91,000 cubic meters per day.

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Investor(S) 1

Investor

ACWA Power International

Riyadh, Saudi Arabia

Category Company
Founded 2004
Sector Energy Services and Equipment
Employees2,300
DESCRIPTION

ACWA Power International (ACWA Power) is a developer, investor, co-owner and operator of plants with a generation portfolio of 15,731 MW of power and 2.37 million m3/day of desalinated water with an investment value in excess of USD 23 billion and providing employment to more than 2,300 people.


DEAL STATS #
Overall 1 of 1
Sector: Renewable Energy M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Oman M&A 1 of 1
Year: 2009 M&A 1 of 1

Seller(S) 1

SELLER

AES

Arlington, Virginia, United States

Category Company
Founded 1981
Sector Utilities
Employees9,600
Revenue 12.3B USD (2024)
DESCRIPTION

AES is a power company that owns and operates a diverse and growing portfolio of electricity generation and distribution businesses, which provide reliable, affordable energy to customers in 21 countries. AES was founded in 1981 and is based in Arlington, Virginia.


DEAL STATS #
Overall 4 of 12
Sector: Renewable Energy M&A 3 of 7
Type: Stake Purchase M&A Deals 3 of 3
Country: Oman M&A 1 of 1
Year: 2009 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-14 362 MW Lal Pir project

Pakistan

362 MW Lal Pir project is a oil-fired facilities project.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-08 Your Energy

Richmond,, United Kingdom

Your Energy Ltd., a renewable energy company, engages in the design, planning, and development of renewable energy projects.

Buy -