Envision Energy launched joint venture with PIF and Vision Industries

Envision Energy has unveiled a strategic joint venture (JV) with Saudi Arabia's Public Investment Fund (PIF) and Vision Industries. This venture aims to accelerate wind power growth throughout the Middle East.

 

The JV will focus on manufacturing and assembling wind turbines and components, including blades, nacelles, and hubs. Under the agreement, Envision Energy holds the majority share in the JV, while PIF and Vision Industries hold the remainder.