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.
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 gener
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.
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.
Saudi Utility Giant Buys Engie Energy Assets in Kuwait and Bahrain
ACWA Power has acquired Engie's stakes in four gas-fired power and water desalination plants in Bahrain and Kuwait for $693 million.
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