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MOU Signing ΤΑΝΕΟ-MUBADALA

29/3/2018
PRESS RELEASE MOU Signing ΤΑΝΕΟ-MUBADALA 28-03-2018 Agreement to jointly establish an investment vehicle of 400 million euros in total, was signed today between the Sovereign investment company of Abu Dhabi “Mubadala Investment Company” and the Greek New Economy Development Fund (“ΤΑΝΕΟ”) of the Ministry of Economy and Development. The pertinent Memorandum of Understanding (MOU) was signed by Mr. Waleed Al Muhairi, Deputy Group CEO and Chief Executive Officer, Alternative Investments & Infrastructure and Mr. Antonios Georgakakis, President and CEO of TANEO, in the presence of the Head of the Economic Office of the Primeminister Mr. Yiorgos Tsipras. Mubadala is a main vehicle for United Arab Emirates investments abroad and, following its merger with Abu Dhabi Investment Council (ADIC), manages funds exceeding $ 200 billion. The signed MOU provides for co-investments by both Mubadala and TANEO. TANEO operates within the context of the implementation of the Strategic Plan for Investments and Development of the Ministry of Economy and Development.




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