GIC to buy Indian renewable energy platform Greenko
Singapore’s GIC Private has agreed to acquire Greenko, an India-focused renewable energy developer that has previously received funding from the likes of TPG Capital and EIG Global Energy Partners.
A subsidiary of GIC affiliate Cambourne will pay approximately GBP162.8 million ($252 million) for all of the assets held by Greenko, which is listed on London's AIM market. Greenko CEO Anil Kumar Chalamalasetty...
More on Exits
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.