ACWA Power IPO unlikely to happen this year

In:

Infrastructure, Power, Renewables, Waste and water

Region:

Middle East & Africa

Utility developer ACWA Power is the latest Saudi company to delay an initial public offering with its sale of a 30% stake no longer expected to take place before the end of the year. Reuters' sources cited problems relating to the 1GW Kirikkale Power Plant in Turkey as one reason for the...

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