Comment & Analysis
Environment and Sustainable Investments
Hedge Funds & Alternative Investments
Uncategorized
Saudi fund raises ownership stake in ACWA Power to 50%
The Public Investment Fund, Saudi Arabia’s sovereign wealth fund, said on Thursday it has increased its stake in ACWA Power to 50% from 33.6% as part of a move to support the renewable energy sector in Saudi Arabia. ACWA Power is planning an initial public offering and leads a consortium…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Arab News