Agreement sets out the partnership framework, under which Acwa will hold a 49% stake and EIG 51%
ACWA Power Co. (Acwa) signed a strategic partnership agreement, via its subsidiary, with EIG Management Co. (EIG) to pursue investment opportunities in US energy infrastructure. 
In a statement to Tadawul, the company said the agreement sets out the partnership framework, under which it will hold a 49% stake and EIG will own 51%.
Capital contributions will be subject to agreed governance frameworks and investment criteria, with each transaction requiring separate approval.
The partnership will be a long-term strategic arrangement of indefinite duration, focused on evaluating direct acquisition and development opportunities in US energy infrastructure.
It will combine Acwa’s development and operational capabilities with EIG’s expertise in investment, financing, and business platform development.
EIG is a leading global institutional investor in the energy and infrastructure sectors, with $27.1 billion in assets under management as of June 30, 2026. It specializes in private investments in the global energy sector and related infrastructure.
Over its 44-year history, EIG has committed more than $55 billion to the energy sector across 429 projects and companies in 44 countries spanning six continents.
Its client base includes leading pension funds, insurance companies, endowments, institutions, and sovereign wealth funds in the US, Asia, and Europe.
Headquartered in Washington, D.C., EIG also maintains offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong, and Seoul.
Acwa does not expect the agreement to have a material financial impact. The financial impact of any future transactions will be assessed and disclosed separately in accordance with applicable laws and regulations.
Agreement sets out the partnership framework, under which Acwa will hold a 49% stake and EIG 51%
ACWA Power Co. (Acwa) signed a strategic partnership agreement, via its subsidiary, with EIG Management Co. (EIG) to pursue investment opportunities in US energy infrastructure.
In a statement to Tadawul, the company said the agreement sets out the partnership framework, under which it will hold a 49% stake and EIG will own 51%.
Capital contributions will be subject to agreed governance frameworks and investment criteria, with each transaction requiring separate approval.
The partnership will be a long-term strategic arrangement of indefinite duration, focused on evaluating direct acquisition and development opportunities in US energy infrastructure.
It will combine Acwa’s development and operational capabilities with EIG’s expertise in investment, financing, and business platform development.
EIG is a leading global institutional investor in the energy and infrastructure sectors, with $27.1 billion in assets under management as of June 30, 2026. It specializes in private investments in the global energy sector and related infrastructure.
Over its 44-year history, EIG has committed more than $55 billion to the energy sector across 429 projects and companies in 44 countries spanning six continents.
Its client base includes leading pension funds, insurance companies, endowments, institutions, and sovereign wealth funds in the US, Asia, and Europe.
Headquartered in Washington, D.C., EIG also maintains offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong, and Seoul.
Acwa does not expect the agreement to have a material financial impact. The financial impact of any future transactions will be assessed and disclosed separately in accordance with applicable laws and regulations.
