Saturday 23 November 2024
 
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Energy Capital Group

Saudi Atco sells Risal stake for $250m

British investment firm Energy Capital Group has bought a majority stake in Saudi industrial cleaning company Redland Industrial Services Arabia (Risal) for $250 million, an adviser on the deal said. Abdulrahman Al Turki Group (Atco),

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Energy Capital acquires stake in Saudi firm

Energy Capital Group (ECG), a private global investment firm with offices in Bahrain, Dubai and London, has acquired a 51 per cent stake in Saudi-based oil and gas industrial cleaning and environmental services company. The Saudi firm Redl

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ECG invests $60m in US oil exploration firm

Energy Capital Group (ECG), a private global investment firm, has made a strategic investment of $60 million in US-based NEOS GeoSolutions, a provider of exploration solutions in the onshore oil and gas and mining industries. The investmen

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ECG spurs Canadian oil firm's operations

United Safety, the Canadian oil industry safety equipment and technical services firm, has more than doubled the number of countries it operates in since Bahrain-based Energy Capital Group (ECG) took a controlling stake in the firm. Since

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Energy Capital Group eyes Mideast SMEs

Energy Capital Group (ECG), a private global investment firm, has set up a $300 million investment vehicle to target investments in small to medium sized companies in the Middle East region. ECG, which has offices in Bahrain, Dub

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