Arab News, Wednesday, Jul 10, 2019 | Zul Qaadah 7, 1440
UAE to build $900m desalination plant with Saudi Arabia's ACWA Power
Emirates, Saudi Arabia: The UAE has struck a deal with a
consortium of companies including Saudi Arabia's ACWA Power to build a $900
million desalination plant.
The facility will be located in the northern emirate of Umm Al-Quwain to meet
the growing demand for water in the region.
The UAE's Federal Electricity and Water Authority (FEWA) agreed the deal with
ACWA Power and MDC Power Holding Company, a subsidiary of Abu Dhabi's Mubadala
Investment Company, a joint statement said Tuesday.
FEWA will hold a 20 percent stake while ACWA Power and Mubadala will each own 40
The government of Umm Al-Quwain will join as a partner in the project and will
own a stake at a later date.
construction on the 150 million gallons per day plant will start later this
year, with initial water production scheduled in 2021.
The project is FEWA's first asset in partnership with the private sector and
will reinforce the UAE's water security strategy, Suhail Al-Mazrouei, UAE
minister of Energy and Industry and chairman of FEWA said.
Once commissioned, the plant will be the largest desalination project in the