Mubadala buys key stake in Russian energy group EN+ ...United Arab Emirates

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Mubadala Investment Company, the Abu Dhabi-based sovereign investor, has announced the acquisition of a 2.6% stake in the Anglo-Russian green energy and metals company EN+. With this buy, Mubadala now has a total share ownership in EN+ of 2.86% on a fully diluted basis. The new block acquisition equates to 16,641,700 of EN+ ordinary shares, the company said. A global leader in low-carbon aluminium production and renewables, EN+ is listed on the Moscow Stock Exchange, while its GDRs are tradeable on the London Stock Exchange. Faris Sohail Al Mazrui, Head of Mubadala’s Russia & CIS Investment Program, said: “EN+ has made significant progress in recent years, and is well positioned to generate

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