TPG and Hassana Investment Company announced a $1.5 billion strategic partnership in the TPG Rise Climate platform. The partnership includes a substantial anchor commitment to TPG Rise Climate's new Transition Infrastructure fund. Hassana and TPG share a common objective of capitalizing on global climate investment opportunities, underscoring the Kingdom's evolution as a growing source of partnership and investment opportunities within the space.

As part of TPG's $19 billion impact platform, TPG Rise Climate deploys substantial capital across the climate sector, in areas including energy transition, green mobility, sustainable fuels, sustainable products and materials, and carbon solutions. In addition to its successful private equity funds, TPG Rise Climate's new transition Infrastructure strategy offers clients a value-added risk-return profile between core infrastructure and private equity, further enhancing its comprehensive climate investment approach. This collaboration between TPG and Hassana signifies the importance of international and local partnerships in addressing global climate challenges.

By combining TPG's deep investing expertise and global capabilities with Hassana's local network and expertise, the two firms are well-positioned to drive positive change and capitalize on climate investment opportunities across borders.