public investment fund
Saudi Arabia’s Public Investment Fund agreed to invest $45 billion in the giant tech fund led by SoftBank
The unbundling of SEC is a centrepiece of Saudi Arabia’s energy reforms and restructuring of the power sector
Sources say the plant, to the north of Riyadh, would generate 1.8 gigawatts of power a year
Saudi Arabia’s Public Investment Fund (PIF) instead says that it is working with Softbank and other entities on a number of large-scale multi-billion solar energy projects.
The funding will enable Silicon Valley-based Lucid to achieve the commercial launch of its Lucid Air electric vehicle in 2020
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