Saudi Aramco weighing up to US$5b of renewable deals: sources
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Dubai
SAUDI Aramco, the world's largest oil company, is considering as much as US$5 billion of investments in renewable energy firms as part of plans to diversify from crude production, according to people with knowledge of the matter.
Banks including HSBC Holdings plc, JPMorgan Chase & Co and Credit Suisse Group AG have been invited to pitch for a role helping Aramco identify potential acquisition targets and advising on deals, the people said, asking not to be identified as the information is private.
Share with us your feedback on BT's products and services
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
