August 31, 2014 8:06 AM ET

Electric Utilities

Company Overview of ACWA Holding Company

Company Overview

ACWA Holding Company, along with its subsidiaries, operates in the fields of power and water, manufacturing, utilities and services, construction and contracting, transportation, and real estate development. It develops, owns, and operates power generation, desalinated water production, and wastewater treatment plants; offers contracting services in the fields of electrical and electro-mechanical engineering; and provides management services for water supply and wastewater collection, treatment, and reuse facilities. The company also manufactures spiral-milled steel, GRP, and GRE pipes for water, oil, desalination, gas, and petrochemicals projects; supplies specialty chemicals; mines and pro...

P.O. Box 321

Riyadh,  11411

Saudi Arabia

Founded in 2002


966 1 477 9590


966 1 478 0230

Key Executives for ACWA Holding Company

Managing Director and Director
Compensation as of Fiscal Year 2014.

ACWA Holding Company Key Developments

ACWA Holding Company Presents at Euromoney Saudi Arabia Conference, May-07-2014 12:35 PM

ACWA Holding Company Presents at Euromoney Saudi Arabia Conference, May-07-2014 12:35 PM. Venue: Al Faisaliah Hotel, Riyadh, Saudi Arabia. Speakers: Rajit Nanda, Chief Investment Officer.


ACWA Holding Company is seeking initial public offering. Paddy Padmanathan, Chief Executive of ACWA said, ACWA, in which two Saudi government funds bought a 19.4% stake in January 2013, still plans to offer shares to the public in 2014, Padmanathan expecting the initial public offering (IPO) to go ahead in the latter part of the year. Chief Financial Officer, Rajit Nanda told Reuters last year that it was eyeing an IPO on the Saudi exchange in 2014, which will see the firm list between 25 to 30% of its shares for a market capitalization of between $2.5 billion and $3.5 billion. The firm has done some preparatory work towards the listing and will appoint a consultant shortly to advise it on its IPO readiness, before mandating an adviser to arrange the offering in the third quarter, Padmanathan said.

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