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PIF, I Squared Capital sign MoU for up to $2bn infrastructure investment

By District Energy posted 3 hours ago

  

Arab News

Summary

Saudi Arabia’s Public Investment Fund has secured up to $2 billion from global investor I Squared Capital for its real estate and infrastructure portfolio.

Under the agreement announced in Riyadh, I Squared will target allocating up to $1 billion each toward digital infrastructure and district cooling projects, both seen as critical enablers of the real estate sector, with room to scale into related business areas.

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