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Greenstone Investors in the News

PIF of Saudi Arabia invests $1 billion+ in Lucid Motors

April 3, 2019 (Silicon Valley / Saudi Arabia) According to an article on Benzinga, Lucid Motors confirmed today that it has closed its previously announced $1 billion+ investment from the Public Investment Fund of Saudi Arabia (PIF). This latest round of financing further propels the company towards the commercial launch of its first electric vehicle, the Lucid Air, in 2020.…

ADFD invests $2.7 billion in international water projects

March 23, 2019 (Abu Dhabi) Trade Arabia has reported the Abu Dhabi Fund for Development (ADFD) has financed 108 water sector projects in 56 countries from its inception in 1971 until December 2018.  The article noted that ADFD has always been keen to support international efforts aimed at achieving the UN’s Sustainable Development Goals, with water sector projects accounting for…

AGL Credit Management closes $500 million investment from ADIA

March 20, 2019 (Abu Dhabi) According to an article on Asia Asset Management, Abu Dhabi Investment Authority (ADIA) and an unnamed US state pension fund are investing a total $650 million to become shareholders in AGL Credit Management (AGL). AGL is a newly established private credit investment firm founded by veteran US loan banker Peter Gleysteen which specializes in innovative…

GIC, ADIA increase power at Greenko with $550 million cheque

February 21, 2019 (Abu Dhabi) According to an article in The Economic Times, sovereign wealth funds GIC Holdings Pte Ltd of Singapore and Abu Dhabi Investment Authority (ADIA) of Abu Dhabi are investing $550 million of fresh primary capital in Greenko, India’s largest renewable energy firm. This will be the third round of capital infusion by the two funds, raising…

Mubadala eyes technology, agribusiness and biotechnology to boost growth

February 12, 2019 (Abu Dhabi) Gulf News has reported that Mubalada is looking to in new sectors such as technology, agribusiness and biotechnology to boost growth.  Mubadala’s portfolio of over $225 billion spans five continents with investments in oil and gas, aerospace, healthcare and real estate, among others. “From being a traditional investor, we have grown over the years by…

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