Announced

GIC, ADIA and Orix to invest $700m in Greenko Energy.

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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