Goldman, ADB, GEF commit $140m to India's ReNew Power
Indian renewable energy producer ReNew Power Ventures has received $140 million in funding from Asian Development Bank (ADB), Global Environment Fund (GEF), and existing investor Goldman Sachs.
The company has now raised $390 million in equity from private investors, according to a statement, following a $250 million commitment from Goldman in 2011. Goldman, which is the majority shareholder...
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