Saudi Arabia’s Public Investment Fund (PIF) has announced the acquisition of up to 9.5% of Skyborn Renewables (Skyborn), alongside Global Infrastructure Partners (GIP).
The Skyborn platform includes interests in operating and under-construction projects in Germany, France and Taiwan as well as a pipeline of over 30 GW of offshore wind projects in various stages of development. The company has over 20 years of development experience, a track record of over 7.0GW of capacity developed to-date, and a presence in over 15 European and APAC markets. The financial details of the deal have not been disclosed.
