Mubasher: GFH Financial Group, which is listed on several regional stock markets, has confirmed that its investments and commitments exceed $200 million in the infrastructure sector in the US, according to a bourse filing.
The amount is dedicated to data centres and AI, with the investment expected to reflect positively on GFH’s financials and increase the returns for the group.
The official disclosure came with reference to the statement made by the CEO of GFH Financial Group on the sidelines of the World Economic Forum in Davos regarding the group’s investments.
GFH recently unveiled its investment in Invenergy, the largest privately-held developer, owner, and operator of clean energy solutions, with headquarters (HQ) in the US.
It is worth mentioning that during the first nine months (9M) of 2024, GFH generated net profit to owners worth $87.95 million and consolidated net profit of $95.56 million.
