Greenko Energy Gets More Sovereign Fund Cash
Greenko Energy Holdings, an Indian renewable energy company that is domiciled in Mauritius, received another fresh capital injection from sovereign wealth funds. Greenko is getting US$ 123.9 million from a sovereign wealth enterprise (SWE) of Singapore’s GIC Private Limited, while an Abu Dhabi Investment Authority (ADIA) SWE is committing US$ 31.1 million.
GIC remains the largest shareholder in Greenko, increasing its stake from 61% to 63%. ADIA controls a 15% stake in the company.
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