Belt and Road Initiative (BRI) fund acquires 49% of ACWA Power-promted, ACWA Power RenewCo

Beijing-headquartered Silk Road Fund, a state-owned investment and development fund established under the framework of Belt and Road Initiative (BRI), has acquired a 49 percent stake in a renewable energy holding company promoted by ACWA Power, the Saudi Arabia-based developer, owner, and operator of water and power plants, it [...]