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Saudi Arabia’s Public Investment Fund to Invest $45 Billion in SoftBank for Solar Projects

Investment likely to diversify Saudi Arabia’s economy away from its heavy reliance on oil revenue

October 24, 2018

/ Nitin Kabeer
/ Markets & Policy, Solar,
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Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF), will invest $45 billion in SoftBank to work on several large-scale solar projects, according to Reuters.

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Nitin Kabeer

More articles from Nitin Kabeer.
investmentPIFSaudi ArabiaSoftBankSovereign Fund
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