Saudi Arabia denies it shelved SoftBank solar project: state news
CAIRO (Reuters) - An official at Saudi Arabia's Public Investment Fund (PIF) said on Monday that a Wall Street Journal report that it had shelved a $200 billion plan with SoftBank Group Corp <9984.T> to build the world's biggest solar-power-generation project was "incorrect."
PIF "continues to work with the SoftBank Vision Fund and other institutions on a number of large-scale, multi-billion-dollar solar projects which will be announced at the appropriate time," said a statement cited by state news agency SPA.
(Reporting by Omar Fahmy; Editing by Leslie Adler)
Disclaimer: No Business Standard Journalist was involved in creation of this content
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Oct 02 2018 | 2:49 AM IST