RIYADH: Hassana Investment Company (Hassana) and EIG, a leading institutional investor in the global energy and infrastructure sectors, have signed a memorandum of understanding (MoU) to collaborate on infrastructure and energy transition projects in the Middle East. This collaboration will be facilitated through EIG’s targeted $1 billion regional fund, in which Hassana is considering becoming an anchor investor with an allocation of up to $250 million.
According to BERNAMA News Agency, the MoU highlights EIG’s and Hassana’s commitment to expanding their investment portfolios in local and regional infrastructure and energy transition. The partnership seeks to attract international investors and enhance foreign direct investment, aligning with the Kingdom of Saudi Arabia’s Vision 2030 goals and supporting a broader regional transition to cleaner, sustainable energy solutions.