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Power

ACWA Sets IPO Price at Top End of Range; Mulls Green Bond Options in 2022

The opportunity for solar power in Saudi Arabia is immense as firms seek to profit off the Kingdom's renewables push, part of Vision 2030.
Saudi Arabia's ACWA Power International, one of the Kingdom's main vehicles for building renewable energy projects, has set the offer price for its IPO at the top of a range, Bloomberg reports.

NUCLEAR POWER IN SAUDI ARABIA

Westinghouse in Talks with Other U.S. Companies to Bid for Saudi Nuclear Opportunities, Reuters Reports

The UAE's nuclear power plant, under construction.
An exclusive Reuters report reveals that Westinghouse is in talks with other U.S-based companies to form a consortium to bid in a multi-billion-dollar tender for two nuclear power reactors in Saudi Arabia, citing three industry sources.
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