2005 News Story
 

12/14/2005
SAGIA and Swicorp announce consortium for $5 billion in energy projects

The Saudi Arabian Investment Authority (SAGIA) and Swicorp, a Swiss private equity and investment banking firm in the Middle East, yesterday announced a consortium to invest in $5 billion in energy-related projects.  The consortium will be known as Swicorp Joussour.


Partners in the consortium, who have already committed $500 million, include the Savola Group, Dallah AlBaraka Holding Group, the Saudi bin Laden Group, Gulf Power Company, and Swicorp Capital.

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