Publicising Saudi Arabia’s Biggest IPO Since Aramco

Hill+Knowlton Strategies with ACWA Power

Since inception in 2004 in Saudi Arabia, ACWA Power has been investing in, developing and operating power generation and desalination plants worldwide.

Having started out as a utilities company with the mandate to provide life sustaining resources to Saudi citizens, the company soon developed a focus on low CO2 projects renewables and highly efficient water desalination and today stands as a national champion and company driving the global energy transition with 64 assets in 13 countries.

In 2020, the company took the decision to push forward with its long planned initial public offering (IPO) as part of its ongoing efforts to secure funds for its capital intensive business model.

Soon after the appointment of the underwriters and legal advisors, ACWA Power brought Hill+Knowlton Strategies (H+K)
onboard to support the mission critical IPO publicity workstream, led by the company’s CFO and IR team.