Engie to Acquire a 40% Stake in Tabreed

Posted on 06/20/2017


Mubadala is making moves to diversify some of its holdings, letting some foreign companies to have ownership. French energy firm Engie SA is moving forward to acquire a 40% stake in National Central Cooling Company PJSC, known as Tabreed, from Mubadala for 2.8 billion AED (US$ 762.3 million). Mubadala will retain a 42% stake in […]

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