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via argaam.comBusiness & Companies

Acwa signs SAR 1.79B water purchase deal with DEWA in Dubai

FROM THE WIRE · ARGAAM.COM

Acwa signed a 30-year water purchase agreement with Dubai Electricity and Water Authority (DEWA) for the Hassyan Seawater Reverse Osmosis (SWRO) indep

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA long-term water supply contract that strengthens Acwa's project pipeline, with no direct market impact.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Acwa signed a 30-year water purchase agreement.
  2. 02The counterparty is the Dubai Electricity and Water Authority (DEWA).
  3. 03The project concerns the Hassyan SWRO seawater reverse osmosis plant.
  4. 04The deal is valued at SAR 1.79 billion.

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