PIF Announces Increase in Stake in ACWA Power

SourceSaudi Press Agency
SectorEconomy
CountrySaudi Arabia

.

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... ...read more...