Greenko receives $155m from GIC, ADIA
Singapore sovereign wealth fund GIC Private has joined the Abu Dhabi Investment Authority (ADIA) to invest $155 million in Indian renewable energy developer Greenko Energy Holdings.
ADIA will provide $31.1 million, while GIC will invest the remaining $123.9 million. After the investment GIC will remain the majority shareholder of Greenko, as it has been since 2015 when it paid GBP162.8...
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