Acwa Power Faces SAR 168M Revenue Loss from Solar Dispatch Limits

ACWA -2.13%

ACWA

2082.SA

169.80

-2.13%

On April 2, 2026, Acwa Power Company announced temporary power dispatch limitations affecting two of its solar projects due to grid operator instructions citing alleged reactive power fluctuations. The Al Kahfah Solar PV IPP (1,425 MW) has faced dispatch restrictions since December 12, 2025, with approximately 95 million Saudi Riyals in challenged revenue, while the ArRass2 Solar PV IPP (2,000 MW) has been limited since January 16, 2026, with approximately 73 million Saudi Riyals in disputed revenue through March-end. Both project companies are conducting technical assessments and coordinating with authorities to restore full operations while reserving their rights under project agreements.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94190&anCat=1&cs=2082&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.