Announced
Financials
Sources
Tags
Private
Private Equity
Friendly
Venture Capital
Cross Border
Acquisition
Pending
renewable energy
solar energy
solar parks
India
Alternative Electricity
Minority
Synopsis
GIC Abu Dhabi Investment Authority, two sovereign wealth funds, and Orix, a financial services group, agreed to invest $700m in Greenko Energy. “This equity commitment from the existing shareholders reinforces their trust in our vision. Greenko is leading India’s energy transition through implementation of large scale and long-term solutions, and it continues to deliver long-term value to all our stakeholders. CFE is helping accelerate industrial decarbonisation, enhancing green quotient of Indian grid and development of green molecules and chemicals at a competitive cost,” Anil Kumar Chalamalasetty, Greenko CEO and Managing Director.
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