IFC finances Indian cleantech project
IFC, the investment arm of the World Bank Group, has provided a $16 million loan to Gamesa Wind Turbines to fund the construction of a turbine-manufacturing facility, marking its first foray into India’s wind turbine sector.
According to IFC, the loan will support Gamesa's plans to scale up its assembly capacity in the market over the next two years. The investment also comes with the wider aim of helping India to ease its...
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Insight leads $50m round for Australia's Roller
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