The Arab Energy Fund leads $26.3mln equity round in biofuels feedstock platform Tagaddod
The Arab Energy Fund (TAEF), a multilateral financial institution focused on the energy sector, has led a $26.3 million Series A equity round in the Cairo-based Tagaddod
The portfolio acquisition comprises a multifamily community in New Jersey, and two senior housing properties in Orange County, California and Long Island, New York.
The agreement covers the construction and operation of a 360-kilometre railway linking the mining areas of Al-Shidiya and Ghor Al-Safi in Jordan to its Aqaba port.