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Saudi Arabia signed a deal with Greece to establish Saudi Greek Interconnection, a jointly-owned company to link the two countries' power grids for supplying Europe with clean energy. The joint venture is owned 50% by Greece's IPTO and 50% by Saudi Arabia's National Grid.
“Saudi Arabia has signed a deal with Greece for the establishment of a jointly-owned company to link up the two countries' power grids”energynewsafrica.com
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