Watch ACWA Power: Rights Issue in Line With Growth Projects

July 3rd, 2025, 9:11 AM GMT+0000

Saudi Arabian utility company ACWA Power is planning to go ahead with a rights issue of $1.9 billion. The new shares will be used to fund an aggressive expansion in renewable and clean energy projects. Marco Arcelli, CEO of ACWA Power spoke to Bloomberg’s Lizzy Burden on Horizons Middle East and Africa on the timing of the issuance. (Source: Bloomberg)