# Saudi PIF completes acquisition of 30% stake in Tabreed

The Public Investment Fund (PIF) of Saudi Arabia announced the completion of the acquisition of a 30% stake in Tabreed Saudi Arabia, a leading district cooling services company. The investment aims to support the development of the utilities sector and low-carbon industries in the Kingdom.

- Type: Acquisition
- Announced: 2023-02-12
- Where: Saudi Arabia
- Status: completed
- Products: district cooling services
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Public Investment Fund](https://endata.com/companies/47932.md) (acquirer)
- [Tabreed Saudi Arabia](https://endata.com/companies/68501.md) (target)

## Sources

- [cdn.alyaum.com](https://cdn.alyaum.com/articles/6452173/%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF/%D9%85%D8%A7%D9%84-%D9%88%D8%A3%D8%B9%D9%85%D8%A7%D9%84/%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D8%B9%D8%A7%D9%85%D8%A9-%D8%A7%D9%83%D8%AA%D9%85%D8%A7%D9%84-%D8%B5%D9%81%D9%82%D8%A9-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AD%D9%88%D8%A7%D8%B0-%D8%B9%D9%84%D9%89-30-%D9%85%D9%86-%D8%A3%D8%B3%D9%87%D9%85-%D8%AA%D8%A8%D8%B1%D9%8A%D8%AF), 2023-02-12: "كشف صندوق الاستثمارات العامة اليوم عن اكتمال صفقة الاستحواذ على حصة تبلغ 30٪ من أسهم شركة تبريد المناطق السعودية"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.