Saudi Arabian Public Investment Fund (PIF)
Company description
The Public Investment Fund seeks to become one of the largest sovereign wealth funds in the world. To achieve this, the Fund is building a world-class, diversified portfolio through investments in attractive, long-term opportunities at both the domestic and international level.
Company details
Participation in projects
Projects as Project Owners per Country ()
Projects as Project Owners per Subsector ()
Loading ...
The company has not participated in any projects.
| Country | Project | Current stage | Value (USD MM) | Sectors | Updated | Details |
|---|
Loading ...
Loading ...
| Country | Transaction | Type | Sectors | Updated | Details |
|---|
Loading more transactions...
Loading ...
Company updates
-
-
March 03, 2023
Marubeni, PIF sign MoU for Saudi Arabian clean hydrogen project
Marubeni Corporation has signed an MOU with the Public Investment Fund (PIF) to develop a clean hydrogen project in Saudi Arabia. Initially, Marubeni and PIF will conduct a feasibility study for produ...
Read more -
December 09, 2022
PPA signed for 2.06 GW Solar PV project in Saudi Arabia
Power purchase agreements signed for the 2.06 GW Al Shuaibah 2 solar project in Mecca, Saudi Arabia.
Read more -
March 31, 2022
Nextracker to supply solar trackers for the first phase of 1.5 GW solar project in Saudi Arabia
Nextracker has been selected to provide its smart solar trackers and TrueCapture technology for phase one of the Sudair Solar PV Plant
Read more -
August 18, 2021
Financial close achieved for 1.5 GW solar project in Saudi Arabia
ACWA Power has announced the financial close for the 1500 MW Sudair Solar plant, a key project under the Public Investment Fund (PIF) renewable energy program.
Read more -
April 19, 2021
L&T Construction signs EPC contract for 1.5 GW Solar project in Saudi Arabia
Larsen & Toubro’s Power Transmission & Distribution Business has secured a turnkey EPC Contract for 1.5 GW Sudair solar PV project in Saudi Arabia.
Read more -
December 22, 2020
PIF increases stake in ACWA Power to 50%
The Public Investment Fund has announced that it has increased its ownership stake in ACWA Power from 33.36% to 50%. The investment comes as part of PIF’s strategy to support the develo...
Read more -
July 01, 2019
Blackstone sets to close US$12bn infrastructure fund
Blackstone Group is set to close more than US$12 billion commitment for its debut infrastructure fund, Blackstone Infrastructure Partners Fund. The Fund has attracted several investme...
Read more -
April 03, 2018
MoU signed for development of 200 GW solar power in Saudi Arabia by 2030
The Public Investment Fund of Saudi Arabia (PIF) has signed a non-binding Memorandum of Understanding (MoU) with SoftBank's Vision Fund LP (SBVF) to create the New Solar Energy Plan 2030, whi...
Read more -
November 03, 2017
Funds sign MoU to develop 3 GW solar-plus-storage projects in Saudi Arabia
Saudi Arabia’s Public Investment Fund (PIF), has signed a Memorandum of Understanding (MoU) with SoftBank Vision Fund (SBVF) to jointly fund the development of 3 GW of solar photovoltaic&nb...
Read more
