Riyadh-based Energy Capital Group (ECG) has announced the first close of its US$ 150 million fund that targets the creation of national leaders in energy and energy-related technologies. It was anchored by Jada Fund of Funds, which is an investment vehicle of Saudi Arabia’s Public Investment Fund (PIF) This fund was formed following a merger…
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Saudi-based investment company Energy Capital Group (ECG) has announced the first close of its $150 million fund that targets the creation of national leaders in energy and energy-related technologies. The fund was anchored by Jada Fund of Funds.