On July 1, 2026, Acwa Power Co. announced the signing of a Public-Private Partnership (PPP) agreement with the Government of Mauritania and a Gas-to-Electricity Conversion Agreement with SOMELEC for the development of the N'diago 230 MW Combined Cycle Gas Turbine power plant in Mauritania. The contracts were signed on June 30, 2026, with a total estimated project cost of approximately USD 700 million and a 25-year duration. Acwa Power holds a 60% effective shareholding through its dedicated project company Ndiago Power Company, which will handle the design, financing, construction, commissioning, operation and maintenance of the facility.

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