Saudi Sovereign Wealth Positions to Acquire 10% Stake in Developer ACWA

Posted on 02/06/2018


Saudi Arabia’s Public Investment Fund (PIF) is reportedly close to inking a deal with ACWA Power International for a 10% stake in the Riyadh-based power developer. The sovereign wealth fund hired HSBC in November to advise it on the potential purchase. ACWA is currently in the midst of preparing for a debut on the Tadawul […]