Power Push
PIF-backed Acwa Power eyes share sale
The Saudi energy firm is planning to raise $1.9 billion from existing shareholders
Saudi Arabia's Tadawul stock exchange. (Getty Images)
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Saudi Arabia’s energy firm Acwa Power is planning to raise 7.1 billion riyals ($1.9 billion) by issuing stock to existing shareholders days after Saudi Aramco landed $11.2 billion in its own share sale.
Acwa Power, which is 44%...