GEF to invest $8.4m in India’s IClean
Global Environment Fund (GEF) has invested INR450 million ($8.4 million) for a minority stake in Integrated Cleanroom Technologies (IClean), which manufactures prefabricated modular cleanrooms and related equipment.
The investment comes from the GP's South Asia Clean Energy Fund, which reached a first close at $128 million in November 2010. The fund has a target of $300 million and will make around 25 investments...
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