APG, Piramal commit $132m to India's Essel Green Energy
Dutch pension fund manager APG Asset Management has committed $132 million, alongside Piramal Enterprises, to Essel Green Energy, the solar power platform of India's Essel Group.
Essel will use the funds to grow the solar business, which currently owns 160 megawatts of assets in four states. Of those assets, 110 MW is operational and 50 MW is under construction. By 2019, the company...
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