Author: 
Staff Writer
Publication Date: 
Wed, 2004-03-31 03:00

JEDDAH, 31 March 2004 — First Islamic Investment Bank, a leading Bahrain-based investment bank, has acquired a stake in a portfolio of wind farms in the United Kingdom with a total transaction value of over 400 billion sterling pounds, according to a press note received here yesterday. First Islamic and its co-investors, RWE Innogy PLC, a leading integrated UK energy business, and another private equity investor, will each hold a 33.3 percent interest in the portfolio through Zephyr Investments Limited.

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