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Saudi, Qatar Add District Cooling Assets to Gulf Deals Pipeline

Saudi, Qatar Add District Cooling Assets to Gulf Deals Pipeline
Bloomberg Markets Thursday 18 June 2026, 12:28 UTC By Laura Gardner Cuesta, Alex Dooler, Dinesh Nair 1 min read
Key Points

Saudi, Qatar Add District Cooling Assets to Gulf Deals Pipeline Two district cooling transactions linked to sovereign wealth funds in Saudi Arabia and Qatar are advancing, signaling continued investor appetite for Middle Eastern infrastructure assets despite geopolitical tensions. King Abdullah Financial District, which the kingdom’s Public Investment Fund took over in 2018, is in talks to sell its district cooling business, according to people familiar with the matter. The Riyadh financial...

Saudi, Qatar Add District Cooling Assets to Gulf Deals Pipeline Two district cooling transactions linked to sovereign wealth funds in Saudi Arabia and Qatar are advancing, signaling continued investor appetite for Middle Eastern infrastructure assets despite geopolitical tensions. King Abdullah Financial District, which the kingdom’s Public Investment Fund took over in 2018, is in talks to sell its district cooling business, according to people familiar with the matter. The Riyadh financial hub is seeking about $500 million for the facilities, the people said, asking not to be identified because the information is private.
Saudi (ORG) Qatar (LOCATION) Gulf Deals Pipeline Saudi (ORG) Gulf Deals Pipeline (ORG) Saudi Arabia (LOCATION) Middle Eastern (ORG) Public Investment Fund (ORG) Riyadh (LOCATION)
Originally published by Bloomberg Markets Read original →

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