Abu Dhabi’s Ruya invests $20m in Saudi Arabia’s Energia 

RIYADH: Saudi Arabian temporary power solutions provider Energia has secured SR75 million ($20 million) from Abu Dhabi-based private credit firm Ruya Partners, as it aims to acquire new assets and refinance its near-term maturities.

According to a press release, the raised capital will also help Energia to focus on its growth initiatives, including sustainable and green energy solutions.