BRIEF-PIF And I Squared Capital Sign MoU For I Squared To Invest Up To $2 Bln In PIF Portfolio

July 13 (Reuters) - PIF

  • PIF AND I SQUARED CAPITAL SIGN MOU FOR I SQUARED TO INVEST UP TO $2 BILLION IN PIF PORTFOLIO

  • I SQUARED CAPITAL AIMS TO DEPLOY UP TO $2 BILLION IN DIGITAL INFRASTRUCTURE AND DISTRICT COOLING IN SAUDI ARABIA

  • PIF AND I SQUARED WILL WORK CLOSELY WITH PIF PORTFOLIO COMPANIES TO IDENTIFY OPPORTUNITIES IN BOTH DIGITAL INFRASTRUCTURE AND DISTRICT COOLING,

  • I SQUARED WILL TARGET ALLOCATING UP TO $1 BILLION IN EACH OF THESE AREAS WITH OPTION TO SCALE ACROSS ADDITIONAL RELATED BUSINESS THEMES


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