ACWA Power will stick to its ambitious spending plans after it goes public and double its assets over the next four years, the head of the energy and water company has told Arab News.

Paddy Padmanathan, CEO of the business, was bullish about Acwa’s future prospects as he talked up how technological developments are revolutionising the way the company operates.

The Riyadh-based firm already has 64 projects across the world, and Padmanathan insists there will be no slowing down when 81.2 million shares, representing 11.1 percent of the company, are listed on the Main Market of the Saudi Stock Exchange, Tadawul.