Saudi Arabia-based ACWA Power is the lead developer and operator of the project and a 40% shareholder, with the remaining 60% contributed by the government of Abu Dhabi through Abu Dhabi Power Corporation and Mubadala Development Company PJSC.

Emirates Water & Electricity Company, a fully owned entity of the Government of Abu Dhabi and the water and power supplier of the region is the sole off-taker of the project under a 30-year contract.