Greenko Energy Holdings secured a major investment boost in its endeavor to expand its footprint in the Indian renewable energy market. Greenko recently announced that Abu Dhabi Investment Authority (ADIA) and Singapore government’s sovereign fund GIC will together invest $230 million. GIC announced plans to invest in Greenko in March … [continued]
Global investors and renewable energy project developers have responded with optimism to the change in regulatory and financial environment in India. International private equity investors poured in over $1 billion in renewable energy companies in India in 2015. Just the top 5 deals in the renewable energy sector crossed a … [continued]
Another Indian renewable energy project developer may be on the acquisition radar of international investors. Singapore government’s investment arm, GIC, is reported to have entered into an agreement with Greenko Group Plc for the $253 million acquisition of Greenko Mauritius, believed to be the direct owner and developer of several renewable … [continued]
Project developers are flocking to Telangana to take advantage of the power-deficient scenario prevalent in these states. Following the separation of erstwhile Andhra Pradesh, the power generation assets were distributed between the present-day Andhra Pradesh and the newly created state of Telangana. This somehow worsened the power supply situation in … [continued]
