clear water

KKR enters Saudi credit arena with ACWA desalination plant

The project is part of Saudi Arabia’s push to expand capacity as water demand rises from population growth, urban development and industry

ACWA Power

Saudi Arabia's Rabigh 3 desalination plant

KKR & Co. completed its first private credit deal in Saudi Arabia by financing a desalination project backed by ACWA Power.

The backing is for the Rabigh 3 independent water project, a large-scale seawater desalination plant on the...