Logo ofACWA Power
The rightstrading and subscription periodforACWA Powerstarts today, July 6. 
The rights issue trading will end on July 13, while the subscription willclose on July 16.
ACWA Power plans to offer 33.93 million ordinary shares at SAR 210 eachthroughissuing rights shares worth SAR 7.13 billion.
The company intends to use the offering proceeds to consolidate its growth strategy of tripling its assets under management by 2030 and strengthening its financial position.
In May, the Capital Market Authority (CMA) approved ACWA Power’s request to increase capital through a rights issue,Argaamreported.
On June 30,shareholders ratifiedthe board’s recommendation to increase capital through a rights offering.
Capital increase details
Item
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
Item
Detail
Amount
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
Subscription period
July 6-16
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 – Saudi Fransi Capital – FAB Capital – Emirates NBD Capital Saudi – Natixis Saudi Investment
Right holdersmaysubscribe, in whole or in part, to the new shares in proportion to the rights existing in their portfolios.
Anyrumpandfractional shares will be offered to institutional investors,according tothe prospectus. The underwriter will buy unsubscribed shares afterthe rump offering.
Logo ofACWA Power
The rightstrading and subscription periodforACWA Powerstarts today, July 6.
The rights issue trading will end on July 13, while the subscription willclose on July 16.
ACWA Power plans to offer 33.93 million ordinary shares at SAR 210 eachthroughissuing rights shares worth SAR 7.13 billion.
The company intends to use the offering proceeds to consolidate its growth strategy of tripling its assets under management by 2030 and strengthening its financial position.
In May, the Capital Market Authority (CMA) approved ACWA Power’s request to increase capital through a rights issue,Argaamreported.
On June 30,shareholders ratifiedthe board’s recommendation to increase capital through a rights offering.
Capital increase details
Item
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
Item
Detail
Amount
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
Subscription period
July 6-16
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 – Saudi Fransi Capital – FAB Capital – Emirates NBD Capital Saudi – Natixis Saudi Investment
Right holdersmaysubscribe, in whole or in part, to the new shares in proportion to the rights existing in their portfolios.
Anyrumpandfractional shares will be offered to institutional investors,according tothe prospectus. The underwriter will buy unsubscribed shares afterthe rump offering.
