SEC acquires 25% equity in PIF-owned EV infrastructure
- Date: 08-Oct-2023
- Source: Mubasher
- Sector:Technology
- Country:Saudi Arabia
SEC acquires 25% equity in PIF-owned EV infrastructure
Riyadh – Mubasher: Saudi Electricity Company(SEC) penned an agreement with the Public Investment Fund (PIF)to acquire a 25% stake in the Electric Vehicle Infrastructure Company at a value of SAR 254 million. The transaction will be funded through …
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