Saudi Arabia’s ACWA powers on with IPO plan | Arab News:
"Saudi Arabia-based ACWA Power, the power and desalination plant producer, could go public within the next two years, according to its CEO and President Paddy Padmanathan.
ACWA, which has garnered a reputation for building renewable energy projects at record low prices, is looking for an initial public offering (IPO) as soon as possible, Padmanathan said in an interview at the Abu Dhabi Sustainability Week conference.
“I hope (it will happen) within two years. If it was this year, it would be wonderful. We’re not the ones holding back,” he said."
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