BlackRock co-led consortium invests USD 15.5bn in Saudi Aramco

A consortium co-led by the world's largest asset manager acquires 49 percent interest in a Saudi natural gas pipeline.

BY MARKETWIRE, TRANSLATED BY DANIEL FRANK CHRISTENSEN

A consortium co-led by BlackRock and Hassana Investment Co., the latter controlled by Saudi Arabia's government pension fund, moves to invest USD 15.5bn in Saudi Aramco's gas pipeline infrastructure, taking place after the kingdom opened further to international investment, reports Bloomberg News.

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BlackRock co-led consortium invests USD 15.5bn in Saudi Aramco

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Investors want to ramp up 'blended finance' in climate fight

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Front page now

Nordic Alpha Partners reels in international investment giants for second fund

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager