Project 02
Aqua Power New HQ – Riyadh, Saudi Arabia
Overview
Aqua Power, a leading company in renewable energy and water desalination, is constructing its new headquarters in Riyadh, on King Khalid Road. The project spans over 53,000 sqm and aims to be a model of innovation and sustainability, achieving high environmental and technical efficiency standards.
Key Highlights
- Location: King Khalid Road, Riyadh, Saudi Arabia
- Area: Over 53,000 sqm
- Objective: Create a state-of-the-art working environment fostering collaboration and innovation in renewable energy
- Funding: SAR 750 million ($200 million) financing from Alinma Bank over 7 years
Project Significance
- Serves as a hub for research and development
- Reflects Aqua Power’s commitment to sustainability and innovation
- Strengthens the company’s role as a key driver in the energy sector
- Aligns with Saudi Vision 2030
About Aqua Power
- Leading developer and operator of power generation and water desalination plants in 11 countries
- Employs over 3,500 people with 60% localization rate
- Total investments exceed $45 billion USD
