GIC, ADIA invest $495m in India's Greenko
Indian renewable energy producer Greenko Energy Holdings has raised $495 million from its majority owner, Singapore’s GIC Private, and returning investor the Abu Dhabi Investment Authority (ADIA).
The investment will be used for two energy storage projects in Pinnapuram and Saundatti with a total capacity of 2.4 gigawatts, expected to be operational by 2022. Total expected capital outlay for the...
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