Paddy Padmanathan Archives

ACWA Power

Saudi’s ACWA Power sees net profit rise to $41.3mn in Q1 2022 despite Covid, Ukraine war disruptions

Written by Anup Oommen

Wed 18 May 2022Wed 18 May 2022

The Saudi firm saw three water and seven power projects come into operation between February and December 2021, driving growth in the first three months of 2022 by generating additional contractual, operations, and maintenance revenue streams

ACWA Power

Saudi’s ACWA Power leading the global awakening towards a greener future

Written by Staff writer

Thu 14 Apr 2022Thu 14 Apr 2022

ACWA Power’s latest foray will see it, in conjunction with Air Products and Neom, take a noteworthy role in the world-scale green hydrogen-based ammonia production facility powered by renewable energy

Saudi wealth fund raises stake in energy firm ACWA ahead of IPO

ACWA Power International

Saudi power major sets IPO price at top end of range

Written by Staff Writer

Tue 28 Sep 2021Mon 1 Nov 2021

ACWA Power International will raise $1.2bn and the IPO will value the company at $10.9bn

Saudi Arabia's Acwa Power set to raise $1bn in sukuk sale

ACWA Power International

Power giant ACWA plans largest Saudi IPO since Aramco

Written by Staff Writer

Tue 14 Sep 2021Mon 1 Nov 2021

ACWA Power International is selling 81.2 million shares to raise financing for its transformation into a low-carbon energy producer

ACWA Power

Saudi power developer starts construction on South Africa’s largest renewable project

Written by Staff writer

Thu 13 May 2021Wed 6 Oct 2021

ACWA Power announces new phase for the 100MW Redstone project following financial close

ACWA Power

Video: ACWA Power will be in 16 countries by end of year, says CEO

Written by ITP

Wed 12 Feb 2020Wed 6 Oct 2021

Paddy Padmanathan, chief executive officer at ACWA Power, discusses where he’s expanding the business, solar power and their relationship with Saudi Arabia’s Public Investment Fund.