PIF is playing a critical role in advancing Saudi Arabia’s economic transformation and diversification, and is actively developing projects which will help the country achieve its net zero greenhouse gas (GHG) emissions target by 2060.
Marubeni, as a leading developer and operator of international IPP and IWP, has ownership interests in four projects in Saudi Arabia. It will proceed with this project together with PIF, utilising the knowledge it has acquired through its business development and operations in Saudi Arabia.
In February 2022, Marubeni set forth the company’s Green Strategy in its Mid-Term Management Strategy 'GC2024', and aspires to become a forerunner in green business through enhancing its current green business and 'greening' all of its business segments. Through this project, Marubeni will contribute to the sustainable growth of global society and of Saudi Arabia.
