National Development Fund: Divestment from United Renewable Energy is Routine Exit, Green Energy Remains Key Industry

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The National Development Fund has initiated a divestment mechanism for its shares in United Renewable Energy, stating it's a routine exit after achieving strategic investment goals and does not signal a shift in industrial support. The fund invested in United Renewable Energy in 2018 to aid the solar energy industry's consolidation and upgrade. Post-divestment, the National Development Fund will still hold 5.81% of United Renewable Energy's shares and retain a board seat, emphasizing that green energy remains a national key industry.