The Rawabi Water Desalination Company (also known as the Project) is a water desalination facility using reverse osmosis (RO) technology with a capacity of up to 600,000 m3/day and associated infrastructure and facilities, including potable water tanks with a capacity of 1,200,000 m3. ACWA Power Co. announces the completion and signing of the financing and security agreements for the project. South of the city of Rabigh, in the Kingdom of Saudi Arabia, are these facilities.