ACWA Power Projects: Arabian Company for Water and Power Projects
AAG: Abdullah Abunayyan Group
BOO: Build, own and operate
BOOT: Build, own, operate and transfer
EPC: Engineering Procurement Construction
Financial Close: A stage in a financial agreement where conditions have been satisfied or waived, documents executed, and draw-downs become permissible
IWP: Independent Water Project
IWPP: Independent Water and Power Project
IWSPP: Independent Water, Steam and Power Project
m3: Cubic meter
MED: Multi Effect Distillation
MOF: Ministry of Finance
MSF: Multi Stage Flash
MW: Mega Watt
N/A: Not applicable
O&M: Operation and maintenance
PIF: Public Investment Fund
PWPA: Power and Water Purchase Agreement
Resolution 5/23: Dated June 3, 2002, the Saudi government’s strategic decision to encourage private sector participation through IWPPs
SEC: Saudi Electricity Company
SWCC: Saline Water Conversion Corporate
PPI: A family of indexes that measure the average change over time in selling prices received by domestic producers of goods and services. PPIs measure price change from the perspective of the seller. This contrasts with other measures that measure price change from the purchaser's perspective, such as the Consumer Price Index (CPI). Sellers' and purchasers' prices may differ due to government subsidies, sales and excise taxes, and distribution costs
WEC: Water and Electricity Company