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Ma’aden purchases 20.6% Alba stake
The companies were originally on track for a merger before talks were halted abruptly last month
TODAY: Fresh financing for Acwa and HAU mega wind farm + Saudi may get a new e-SAF plant
What we’re tracking this morning regionally and around the world
KSA’s Ma’aden and Bahrain’s Alba explore a merger + Ma’aden snaps up Sabic’s entire stakes
This will boost Ma’aden’s holding in Alba to 20.6%.
TODAY: A new EV components plant for Egypt + What does Egypt’s electricity price hike mean for renewables?
Good morning, nice people. We’re back from a long weekend and the regional climate sector remains quiet as we start…