ACWA shareholders approve SAR7bn rights issue
In:
Renewables, Waste and water
Region:
Middle East & Africa
ACWA Power has secured shareholder approval for a SAR7.1 billion ($1.8 billion) rights issue to fund new projects and accelerate its international expansion.The capital raise supports the company’s strategy to triple managed assets to $250 billion by 2030 and boost investments in renewables,...
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