ABU DHABI: An Abu Dhabi sovereign wealth fund may join a group investing in Saudi Aramco’s oil pipelines, in a deal set to be backed by a loan of around US$10.5bil (RM43bil).
Mubadala Investment Co, a fund with US$232bil of assets, is in talks with US investor EIG Global Energy Partners LLC, the lead member of the consortium, according to a Mubadala spokesperson.
Aramco has helped put together the loan, which the group will use to fund the transaction, according to sources.
...