Qatar Forms $1Bn Power Fund, Buys Congo Stake
Qatar is continuing its overseas investment drive. It has set up a $1bn fund to invest in power and water and is buying 15% of Total’s Congo interests.
Qatar’s state-owned power firm, sovereign wealth fund QIA and Qatar Petroleum have formed a $1bn investment fund, Nebras Power, to invest in overseas power and water projects, QP announced on 20 May. The fund will first target MENA and...