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ACWA Power's subscription will start this week, which will result in an increase in its capital from 6.4 billion riyals to 7.3 billion riyals.
According to Arabiya Net, in June 2021, the company obtained the approval of the Authority to offer 11.1% of its shares for public subscription.
In June 2021, ACWA Power raised about 2.8 billion riyals from its first sukuk issuance.
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