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Tag: Silk Road Fund
Acwa

China’s Silk Road Fund acquires 49% stake in ACWA Power’s renewables unit

Posted: June 24, 2019 at 12:40 pm   /   Renewables

China’s Silk Road Fund buys into Egypt renewable energy scene through acquisition of large Acwa Power stake: China’s state-owned Silk Road Fund has acquired a 49% stake in Saudi utility developer Acwa Power’s renewable energy unit, Arabian Business reports. No details of the investment have been released. The renewable energy platform, Acwa Power RenewCo, will own Acwa Power’s solar power and […]

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