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Silk Road Fund Gets 49% Stake in Saudi Arabia’s ACWA Power

Silk Road Fund is a medium-to-long term development and investment fund established in Beijing under the framework of the Belt and Road Initiative

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Headquartered in Saudi Arabia, ACWA Power, a developer, owner, and operator of power generation and water desalination projects has signed an agreement with Silk Road Fund for a 49% stake in the company.

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