ACWA Power, a leading developer, investor, and operator of power generation and desalinated water plants worldwide, rang the market opening bell at the Saudi Stock Exchange (Tadawul) at 10:00 am AST today. After a highly successful offering in which the institutional tranche was covered around 248 times, and the retail investor tranche saw a coverage of 1989.96%, the company’s shares are now traded on the Main Market of the exchange under the ticker symbol ACWA POWER.

The bell ringing ceremony was attended by Engineer Khalid Abdullah Al-Hussan, Chairman of the Saudi Tadawul Group and Mr.Mohammed Al-Rumaih, CEO of Saudi Tadawul Group, as well as Mohammed Abunayyan, Chairman of ACWA Power, and Paddy Padmanathan, CEO of ACWA Power, alongside other leading board members and executives.