Singapore wealth fund GIC to invest $600m in ADNOC's crude pipelines

Singapore wealth fund GIC to invest $600m in ADNOC's crude pipelines

REUTERS/Anshuman Daga

GIC, Singapore’s sovereign wealth fund, will invest $600 million in ADNOC’s crude pipeline infrastructure, following similar deals by BlackRock, KKR and the Abu Dhabi Retirement Pensions and Benefits Fund, ADNOC said on Tuesday.