Memorandum of Understanding Enables "iSquared" to Invest Two Billion Dollars in PIF Companies

The Public Investment Fund has signed a memorandum of understanding with "I Squared Capital," a firm specializing in infrastructure investment management, with the aim of exploring investment opportunities in real estate and essential infrastructure owned by the fund and its affiliated companies. The partnership seeks to allocate up to one billion dollars in investments for each party, with the potential for expansion into other sectors, in order to boost the development of vital industries such as digital infrastructure and district cooling systems. The memorandum aligns with the fund’s strategic objectives through 2030 and aims to accelerate projects and attract global capital. "I Squared" is one of the largest investment firms in energy, utilities, transportation, and digital infrastructure, managing assets worth $60 billion across 70 countries.

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