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PIF Buys Stake in Germany-based Offshore Wind Developer with 7 GW Portfolio

PIF aims to equip Saudi Arabia with 70% clean energy by 2030

December 13, 2022

/ Gourav Mishra
/ Finance and M&A, Wind
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Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), alongside independent infrastructure investment fund Global Infrastructure Partners (GIP), acquired up to 9.5% equity stake in Germany-based offshore wind developer and operator Skyborn Renewables.

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Gourav Mishra

More articles from Gourav Mishra.
AcquisitionenergyinvestmentOffshore windportfolioProject developerrenewables
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