
PE players see India’s wind potential
Private equity investment in India's cleantech sector continues to rise. With two months remaining in 2011, $505.6 million has been committed in 13 deals, more than double the amount for the whole of last year. Investments are approaching the pre-crisis peak of 2008, when spending reached $627 million, according to AVCJ Research.
A sizeable portion of this year's total has gone into wind power-related assets. Statistics released with the announcement of Greenko Group and General Electric's pledge to spend $115 million on wind farms...
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