Acwa-led group starts commercial operations at $1.8B Red Sea project
Acwa said commercial operations have commenced at its $1.8 billion Red Sea multi-utilities project. The project company is Marafiq Red Sea for Energy Company, formed by Acwa, SPIC Huanghe Hydropower, and Saudi Tabreed.
8 billion Red Sea multi-utilities project. Marafiq Red Sea for Energy Company (Marafiq) is the project company formed by Acwa, SPIC Huanghe Hydropower and Saudi Tabreed, as well as The Red Sea Utilities Company.