IssuerAnnouncementDetailsV2Portlet
ACWA Power Company announces an update to the acquisition of the entire stake of Badeel Company in Shuaibah Water and Electricity Company (Shuaibah IWPP) representing 32% of the share capital
| Element List | Explanation |
|---|---|
| Previous Announcement | ACWA Power Company announces acquisition of the entire stake of Badeel Company in Shuaibah Water and Electricity Company (Shuaibah IWPP) representing 32% of the share capital |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-12-24 Corresponding to 1447-07-04 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | ACWA Power Company announces the successful completion of the acquisition of the entire stake of Badeel Company in Shuaibah Water and Electricity Company (Shuaibah IWPP) representing 32% of the share capital |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | NA |
| Additional Information | Completion conditions (CPs), including regulatory approvals, shareholder and lender consents, have been satisfied. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.