@jsphctrl.ft.com on Bluesky

JavaScript RequiredThis is a heavily interactive web application, and JavaScript is required. Simple HTML interfaces are possible, but that is not what this is. Learn more about Bluesky at bsky.social and atproto.com.

Post

Joseph Cotterill

jsphctrl.ft.com

did:plc:our2qn7bzzhhcrncecvfdvja

Shareholders in ACWA Power (Saudi utility) approved a near $2bn rights issue this week at a 17% discount to yesterday's share price (down over a third YTD). The (pre-offering) P/E would be around 100x. The PIF owns 44%. [contains quote post or other embedded content]

2025-07-01T10:11:19.538Z