PIF and SoftBank Vision Fund Ink Solar Power Deal

Posted on 10/27/2017


The SoftBank Vision Fund and Saudi Arabia’s Public Investment Fund (PIF) signed a Memorandum of Understanding (MoU) to fund the development of 3 GW of solar photo-voltaic (PV) and storage capacity in Saudi Arabia. PIF is a major cornerstone investor in the Vision Fund. In addition, PIF owns a 74% stake in Saudi Electricity Company. […]

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