$500 Million Digital Energy Infrastructure Fund Launched by UAE Investment Firms
Hodler Investments and Gewan Holding, two UAE-based firms, have announced the launch of a $500 million Digital Energy Infrastructure (DEI) Fund to invest in projects that support the digital economy.
The fund will target energy infrastructure projects, including power generation, data mining, blockchain, decentralized physical infrastructure, and AI. It has secured initial commitments from investors and partners interested in energy and connectivity for AI and digital asset mining. The DEI Fund also plans to invest in tech startups, operating platforms, and software that enhance its portfolio, aiming to drive the growth of fintech, decentralized finance, and Web3.
Clever Robot News Desk 28th August 2024
