Aramco invests in HORSE Powertrain to drive global energy transition

Aramco invests in HORSE Powertrain to drive global energy transition

Aramco, a global leader in integrated energy and chemicals, has announced a significant investment in HORSE Powertrain Limited, acquiring a 10% equity stake for €740 million. This strategic move, part of a broader €7.4 billion enterprise valuation deal, involves purchasing shares equally from Renault Group and Geely, each retaining a 45% stake. This transaction is […]