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Saudi Energy signs final agreements with Kraken for Riyadh JV

article author: SPA Author: Wed, 2026-04-15 11: 48 RIYADH: Saudi Energy announced the signing of final agreements to establish a strategic partnership with Kraken Technologies Ltd, one of the world’s leading companies in AI-powered digital operating solutions for the utilities sector. Under the agreements, the two parties will establish a joint venture headquartered in Riyadh, while Saudi Energy will acquire a minority equity stake in Kraken. Main category: Business & Economy Tags: Saudi energy Kraken Technologies Ltd artificial intelligence (AI) Vision 2030

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