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Acwa Power’s Expansion: Boosting Assets by 2030

Saudi Renewable Energy Giant Plans Asset Tripling

by Huda Marshad
July 14, 2024
in Energy
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Saudi Arabian renewable energy heavyweight Acwa Power has disclosed its strategy to amass approximately 7.1 billion riyals (USD 1.9 billion) through a rights issue to its current shareholders. This initiative is a core part of the company’s ambitious blueprint to expand its assets threefold by the year 2030.

Tags: ACWA PowerAsset ExpansionRenewable EnergySaudi ArabiaStock Offering
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