Hassana Investment Co. (Hassana) and EIG have agreed to collaborate on infrastructure and energy-transition projects in the Middle East through EIG’s targeted $1 billion dedicated regional fund, in which Hassana is considering becoming an anchor investor with an allocation of up to $250 million.
By fostering participation from international investors and boosting foreign direct investment, this partnership aims to support the Kingdom of Saudi Arabia’s Vision 2030 goals and the broader regional shift toward cleaner, sustainable energy solutions.
“We believe energy transition is one of the defining investment themes of the next several decades, and leading investors need to work together in an effort to deliver the reliable, affordable and sustainable energy system that society requires,” said R. Blair Thomas, chairman and CEO of EIG. “We are committed to doing exactly that.”