![Multiply Group has acquired a minority interest in Breakwater Energy for AED367 million ($100 million) Multiply Group has acquired a minority interest in the Breakwater Energy for AED367 million ($100 million). Photo by Gabrielle Henderson on Unsplash.](https://netzeronewshub.com/wp-content/uploads/2023/08/Photo-by-Gabrielle-Henderson-on-Unsplash-600x400.jpg)
Multiply Group has acquired a minority interest in Breakwater Energy for AED367 million ($100 million)
An investment holding company based in Abu Dhabi, the Multiply Group, has acquired a minority interest in Breakwater Energy for AED367 million ($100 million). This investment took place through the Group’s sector-agnostic arm, Multiply+. Due to this acquisition, the Group will partially own a highly profitable and cash-generative, diversified global upstream portfolio with significant gas…