Paddy Padmanathan is a seasoned engineering and energy expert with over 40 years of experience. He is a key member of ACWA Power’s executive leadership team, having spearheaded its expansion from a startup in 2005 to where it is today; a leading private developer, owner and operator of power generation and desalinated water production plants. Headquartered in Saudi Arabia, the company now has a portfolio of assets of an investment value of over USD 48 billion, producing 34 GW of power and 5.9 million m3 /day of desalinated water.
Mr. Padmanathan has guided ACWA Power’s cost leadership and business strategy which is focused on reliably and responsibly delivering electricity and desalinated water, at competitive prices. He is also steering ACWA Power’s leadership in renewable energy, enabling it to be at the forefront in reducing the cost of clean energy on a global scale.
Prior to joining ACWA Power, Mr. Padmanathan was Vice President and Corporate officer at Black and Veatch, where he was responsible for developing privately financed power, water and wastewater projects at over a dozen countries.
Mr. Padmanathan holds a degree in Engineering from the University of Manchester, United Kingdom, and in addition to his executive responsibilities at ACWA Power, also serves on the Board of Directors of several companies involved in power and water development across the globe.