Thndr Claps » EGY Claps » Investment » EFG Hermes plans $300 million investments in the energy sector⚡
The ClapEFG Hermes’ (HRHO) energy arm “Vortex Energy”, announced that it is targeting total investments of $300 million.
The deetsThe investments are expected to come during the next three to four years, to carry out two or three operations.
Vortex Energy is preparing a second financial closing of its “Vortex Energy4” fund, which is expected to reach $500 million by the start of 2023.
In related newsThe investment sector in EFG Hermes is considering establishing a platform or fund, dedicated to investing in the tech sector in the Middle East, according to “Al Mal” newspaper.
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