The company founded by Konstantinos Doxiadis is a member of the Quest group and has subsidiaries in 5 countries.

The proposed acquisition demonstrates the scale and ambition of Masdar’s growth plans in the region.

The economic effective date of the Transaction is 31 December 2023 (“Effective Date”).

Brent crude oil prices have been trading near $80 per barrel in recent days, below what many OPEC+ members need to balance their budgets.

The upgrade followed an IMF visit to China for a regular assessment.

13.6 GWh of renewable electricity per year while displacing more than 6.250 tons of CO2 per year.