News
15 September 2021

ACWA sets price range for IPO

In:
Power, Renewables
Region:
Middle East & Africa

ACWA Power has set an indicative price range for its initial public offering. The company is selling 11.1% of existing shares at a price in a range of 51 to 56 riyals per share indicating the possibility of raising up to SAR4.5 billion ($1.2 billion) at the top of the range. Saudi sovereign wealth...

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