• PIF signed a non-binding MoU with I Squared Capital to deploy up to USD 2 billion into PIF-owned real estate and infrastructure assets in Saudi Arabia.
• Capital targets digital infrastructure and district cooling, with up to USD 1 billion earmarked for each area.
• Parties will work with PIF portfolio companies to identify projects, with scope to expand into adjacent themes.
• Any follow-on transactions remain subject to further assessment, regulatory requirements, and definitive agreements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. I Squared Capital LLC published the original content used to generate this news brief on July 13, 2026, and is solely responsible for the information contained therein.