Greenko, a leading owner and operator of clean energy projects in India, owned by GIC and ADIA, acquired the entire share capital of Orange Renewable Holdings a developer and operator of wind and solar energy projects in India, from AT Holdings for $1bn. “The proposed acquisition of Skeiron and completion of Orange Renewable assets are expected to drive Capacity, Revenue, EBITDA and overall earnings growth potential for Greenko and its stakeholders. Indian Energy Markets are transitioning from deficit markets to demand driven contracts requiring reliable, flexible and cost competitive energy. Greenko is focused on building Integrated Renewable Energy assets with storage, which can compete with conventional energy assets like thermal in quality, quantity and cost.” said Anil Chalamalasetty, Managing Director and Chief Executive Officer, Greenko.