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Windtech International January February 2024 issue

 

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The Public Investment Fund (PIF) has announced that it has increased its ownership stake in ACWA Power from 33.36% to 50%.
 
The investment comes as part of PIF’s strategy to support the development of the renewable energy sector within Saudi Arabia. It is expected that ACWA Power will play an integral role in the development of PIF’s renewable energy program.
 
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