Qatar Investment Authority (QIA) announced that it has agreed to invest €2.43 billion ($2.43 billion) in the German multinational energy company RWE AG (RWE) to support the company’s accelerated “Growing Green” strategy.
QIA is actively investing in companies that can have a positive impact on society and shape the future of sustainability by making energy transition a reality.
RWE AG welcomed QIA’s support for the company’s accelerated growth ambitions, saying it reflects the company’s commitment to being one of the world’s leading drivers of global energy transition.
The Qatar Investment Authority is a sovereign wealth fund of Qatar, specialized in domestic and foreign investment.