Saudi’s PIF doubles down on Lucid with USD 1 bn investment
A share of the proceeds will finance Lucid’s capex and working capital
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A share of the proceeds will finance Lucid’s capex and working capital
This will be the company’s third facility in the area
It will be one of the country’s most energy efficient district cooling plants.
SFD has provided Pakistan with over USD 1.4 bn in development soft loans and grants since 1976
Miahona has over SAR 1 bn in investments in water and wastewater assets
Companies with valid exploration licenses of under five years could unlock up to SAR 7.5 mn for each license
Al Battar has been in executive positions at Sabic since 1997
The project will also establish two EV charging stations
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