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Softbank Vision Fund, Saudi Arabia To Create World's Biggest Solar Power Firm
* Initial investment will be $5 bln, $1 bln from Vision Fund (Adds background on Saudi Arabia, SoftBank): NEW YORK (Reuters) - SoftBank Group Corp’s (9984.T) Vision Fund will invest in creating the world’s biggest solar power project in Saudi Arabia, it said on Tuesday, stepping up its involvement in the kingdom and expanding beyond technology. The project is expected to have the capacity to produce up to 200 gigawatts (GW) by 2030, SoftBank Chief Executive Masayoshi Son told reporters … Full investment news article
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