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

July 5, 2019

/ Anjana Parikh
/ Finance and M&A, Other
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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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Anjana Parikh

More articles from Anjana Parikh.
ACWA powerBelt and Road InitiativeMoroccoSilk Road Fundsouth AfricaUAE
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