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Arab Energy Fund

Arab Energy Fund latest

energy projects
May 20th, 2024 - 10:05 GMT

Greenfield energy projects receive $200m boost by Arab Energy Fund and Dussur

Greenfield energy projects are set to receive a boost, as The Arab Energy Fund has signed a $200 million funding agreement with the Saudi Arabian Industrial Investments Co. A memorandum of understanding was executed between the energy-focused financial institution TAEF and the Saudi-based industrial investment and development company, also known as Dussur. This deal aims to fast-track and facilitate prospective financing opportunities for TAEF through bridge financing in selected greenfield ...
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