PIF Announces Increase in Stake in ACWA Power
- Date: 20-Nov-2020
- Source: Saudi Press Agency
- Sector:Economy
- Country:Saudi Arabia
PIF Announces Increase in Stake in ACWA Power
“‹Riyadh, November 19, 2020, SPA -- The Public Investment Fund (PIF) today announced that it has increased its ownership stake in ACWA Power from 33.36% to 50%.
The investment comes as part of PIF's strategy to support the development of the renewable energy sector within Saudi Arabia and enable...
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