Reported Earlier, Alat And Carrier Collaborate To Advance Climate And Energy Solutions In The Kingdom Of Saudi Arabia
Portfolio Pulse from Benzinga Newsdesk
Alat and Carrier (CARR) have announced a partnership to advance climate and energy solutions in Saudi Arabia, focusing on the Kingdom's Giga projects like NEOM. The collaboration aims for regional and global distribution. Alat was founded by Prince Mohammed bin Salman on February 1, 2023.
February 21, 2024 | 7:16 am
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Carrier's partnership with Alat to advance climate and energy solutions in Saudi Arabia, including Giga projects like NEOM, could enhance its market presence and revenue opportunities in the region.
The partnership with Alat positions Carrier (CARR) at the forefront of significant climate and energy projects in Saudi Arabia, potentially leading to increased market share and revenue in the region. Given the scale of projects like NEOM, this collaboration could significantly impact Carrier's business in the short term by enhancing its visibility and operational scope in a key market.
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