ACWA Power’s portfolio includes 101 assets with a total investment of $107.5 billion. In February 2025, it acquired ENGIE's shares in four key operating assets in Kuwait and Bahrain for $693 million. In the same month, it signed a 25-year power purchase agreement with the Egyptian Electricity Transmission Company to develop a 2GW wind farm, the largest in Egypt, with an investment of approximately $2.3 billion.