Saudi-based Kingdom Holding Company has acquired a stake in US-based Breakthrough Energy Ventures (BEV) from Prince Alwaleed bin Talal bin Abdulaziz Al Saud, the Chairman of Kingdom Holding Company and the largest shareholder, for US $68mn.

Saudi-based Kingdom Holding Company has acquired a stake in US-based Breakthrough Energy Ventures (BEV) from Prince Alwaleed bin Talal bin Abdulaziz Al Saud, the Chairman of Kingdom Holding Company and the largest shareholder, for US $68mn.