October 1, 2018 / 9:16 PM / a year ago

Saudi Arabia denies it shelved SoftBank solar project -state news

CAIRO, Oct 2 (Reuters) - An official at Saudi Arabia’s Public Investment Fund (PIF) said on Monday that a Wall Street Journal report that it had shelved a $200 billion plan with SoftBank Group Corp to build the world’s biggest solar-power-generation project was “incorrect.”

PIF “continues to work with the SoftBank Vision Fund and other institutions on a number of large-scale, multi-billion-dollar solar projects which will be announced at the appropriate time,” said a statement cited by state news agency SPA.

Reporting by Omar Fahmy Editing by Leslie Adler

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below