ACWA Power’s portfolio comprises 109 projects in operation, advanced development, or under construction with an investment value of $117 billion, with the capacity to generate 94 GW of power and manage 9.9 million m3/day of desalinated water. In February 2025, it unveiled seven partnership agreements with local and international companies to further energy transition through renewables and green hydrogen. In July 2025, it announced that it had signed a PPA with the Saudi Power Procurement Company to develop five large-scale solar and two wind power plants in Saudi Arabia. Arcelli joined the company as CEO in 2023.