PIF mulls to invest $15B in Brazil: Report

14/06/2024 Argaam
Logo of Public Investment Fund (PIF)

Logo of Public Investment Fund (PIF)

The Public Investment Fund (PIF) plans to invest $15 billion in Brazil, in areas such as green hydrogen, infrastructure and renewable energy, Reuters reported, citing Alexandre Silveira, Brazil's Minister of Mines and Energy.

 

The plans were shared by PIF during meetings with Brazilian government officials, Silveira noted.

 

In May, Saudi Arabian Mining Co. (Maaden) said its joint venture, Manara Minerals Investment Co. (Manara), closed the acquisition of a 10% stake in Vale Base Metals Ltd., according to data available with Argaam.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.