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2017-01-30 18:55:00

SAUDI'S RENEWABLE INVESTMENT: $50 BLN

SAUDI'S RENEWABLE INVESTMENT: $50 BLN

BLOOMBERG - Saudi Aramco, the world's largest oil company, is considering as much as $5 billion of investments in renewable energy firms as part of plans to diversify from crude production, according to people with knowledge of the matter.

Banks including HSBC Holdings Plc, JPMorgan Chase & Co. and Credit Suisse Group AG have been invited to pitch for a role helping Aramco identify potential acquisition targets and advising on deals, the people said, asking not to be identified as the information is private. The energy company is seeking to…

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Tags: SAUDI, RENEWABLE, ENERGY, OPEC

Chronicle:

SAUDI'S RENEWABLE INVESTMENT: $50 BLN
2019, March, 18, 13:00:00

U.S., RUSSIA SANCTIONS FOREVER

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SAUDI'S RENEWABLE INVESTMENT: $50 BLN
2019, March, 18, 12:55:00

SHAKY INDIA'S LNG

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SAUDI'S RENEWABLE INVESTMENT: $50 BLN
2019, March, 18, 12:50:00

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SAUDI'S RENEWABLE INVESTMENT: $50 BLN
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UAE RENEWABLE ENERGY

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