GEF Capital to invest $27m in Premier Energies.

GEF Capital, a global private equity fund focused on financing climate solutions, agreed to invest $27m in Premier Energies, a solar photovoltaic cell and module manufacturing firm. "This fund infusion will help us to significantly enhance our capacity. We are extremely upbeat about the progressive policy changes brought about by GOI in this sector. I am confident about meeting the growth expectations of our stakeholders, and at the same time, we will continue to strive to improvise on sustainable sources of clean energy," Chiranjeev Saluja, Premier Energies Founder and Managing Director.