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Saudi Arabia’s Public Investment Fund takes 15.2% direct stake in ACWA Power

The PIF already owns a 9.8% stake in ACWA through a subsidiary, Sanabil Direct Investments Company Dubai: Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has taken a 15.2 per cent direct stake in Riyadh-based ACWA Power, a developer and operator of power and water plants, the two announced in a joint statement […]

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