Logo ofACWA Power
The rightstrading periodforACWA Powerends today, July 13, which will increase its capital from SAR 7.33 billion to SAR 7.66 billion.
The subscription and rights trading period began on July 6, while the subscription period will continue until July 16.
Rightholders are entitled to subscribe, fully or partially, to the new shares within the limit of the rights held in their portfolios.
Capital increase details
Current capital
SAR 7.32 bln
Number of shares
732.56 mln
Increase percentage
4.63%
Capital after increase
SAR 7.66 bln
Number of shares after increase
766.49 mln
Key information on rights issue
Number of shares offered
33.93 mln
Offering price
SAR 210/ share
Issue size
SAR 7.12 billion
Par value
SAR 10/ share
Entitlement ratio
Each listed shareholder shall have the right to subscribe to 0.0463 shares for each existing share
Record date
June 30, 2025 (Shareholders of record who are registered with Edaa by the end of the second trading day following the EGM)
Trading period
July 6-13, 2025
Subscription period
July 6-16, 2025
Reason for Capital Increase
To allow ACWA Power to anchor its growth strategy of tripling the assets under management by 2030 and enhance its financial position
Use of proceeds
Financing current and future projects
SAR 5.28 to 5.98 bln
Mergers and acquisitions
Up to SAR 1.41 bln
Business purposes
SAR 351 mln
Offering expenses
SAR 88.45 mln
Net proceeds
SAR 7.04 bln
Additional information
Item
Detail
Financial advisors
SNB Capital – JPMorgan Saudi Arabia – Citigroup Saudi Arabia
Lead manager
SNB Capital
Underwriters
SNB Capital – JPMorgan Saudi Arabia – Citigroup Saudi Arabia – BSF Capital – FAB Capital – Emirates NBD Capital Saudi – Natixis Saudi Investment
Logo ofACWA Power
The rightstrading periodforACWA Powerends today, July 13, which will increase its capital from SAR 7.33 billion to SAR 7.66 billion.
The subscription and rights trading period began on July 6, while the subscription period will continue until July 16.
Rightholders are entitled to subscribe, fully or partially, to the new shares within the limit of the rights held in their portfolios.
Capital increase details
Current capital
SAR 7.32 bln
Number of shares
732.56 mln
Increase percentage
4.63%
Capital after increase
SAR 7.66 bln
Number of shares after increase
766.49 mln
Key information on rights issue
Number of shares offered
33.93 mln
Offering price
SAR 210/ share
Issue size
SAR 7.12 billion
Par value
SAR 10/ share
Entitlement ratio
Each listed shareholder shall have the right to subscribe to 0.0463 shares for each existing share
Record date
June 30, 2025 (Shareholders of record who are registered with Edaa by the end of the second trading day following the EGM)
Trading period
July 6-13, 2025
Subscription period
July 6-16, 2025
Reason for Capital Increase
To allow ACWA Power to anchor its growth strategy of tripling the assets under management by 2030 and enhance its financial position
Use of proceeds
Financing current and future projects
SAR 5.28 to 5.98 bln
Mergers and acquisitions
Up to SAR 1.41 bln
Business purposes
SAR 351 mln
Offering expenses
SAR 88.45 mln
Net proceeds
SAR 7.04 bln
Additional information
Item
Detail
Financial advisors
SNB Capital – JPMorgan Saudi Arabia – Citigroup Saudi Arabia
Lead manager
SNB Capital
Underwriters
SNB Capital – JPMorgan Saudi Arabia – Citigroup Saudi Arabia – BSF Capital – FAB Capital – Emirates NBD Capital Saudi – Natixis Saudi Investment

