| Element List | Explanation |
|---|---|
| Announcement Detail | ACWA Power Co. announces providing corporate guarantee (parent company guarantee) to Saudi National Bank (SNB) to support USD 100 million Equity Bridge Loan (EBL) facility provided to Shuaibah Holding Company (a subsidiary of ACWA Power) in relation to Al Shuaibah 1 & Al Shuaibah 2 Solar PV IPP. SNB is a related party to ACWA Power in accordance with the related party definition. Additionally, this transaction represents an indirect interest to Mr. Abdullah Al-Ruwais, a member of the Board of Directors of both ACWA Power and SNB. |
