Announced
Synopsis
Gentari, a clean energy company focused on delivering the integrated net-zero solutions required to put cleaner energy into action today, and GIC, an investment firm, agreed to invest $1.75bn in AM Green, a company specialised in developing production capabilities for green molecules for decarbonization in hard to abate industries. "We are delighted to partner with Gentari and GIC, to venture into the global low carbon green economy. The commitment from Gentari and GIC underpins Prime Minister Modi's vision for India to become a leader in global energy transition. This strategic partnership will work to accelerate net zero targets of various industries and several OECD economies. Continuous focus on innovation combined with execution will ensure our venture, AM Green, remains ahead of others in becoming a global clean energy transition solutions platform," Anil Chalamalasetty, AM Green Founder.
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