MSIP-backed GE Energy Financial to acquire a 49% stake in 148.5MW Morjar onshore wind project from Continuum Green Energy for $30m.

MSIP-backed GE Energy Financial, a provider of investment services for power, oil and gas infrastructure, agreed to acquire a 49% stake in 148.5MW Morjar onshore wind project from Continuum Green Energy, an operator of wind farm assets, for $30m. “Providing a bespoke financing product to a strategic customer strengthens GE’s partnership to continue to deliver accessible, affordable and reliable renewable energy across India to support the country’s decarbonisation and renewable energy targets. We look forward to furthering the partnership with Continuum on future renewables projects with GE’s innovative financing and technology solutions," Gaurav Raniwala, GE Energy Financial Global Renewable Energy Leader.