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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Oman India Joint Investment Fund to invest $13mln in Solar Industries

Posted on 01 August 2012

Oman India Joint Investment Fund, a private equity fund sponsored by Oman’s sovereign wealth fund and India’s largest lender State Bank of India, will pick up 4.28 per cent of the expanded capital of the public-listed Solar Industries.
Industrial explosives maker Solar Industries India Ltd (SIIL) has struck a deal to raise Rs 72 crore ($13 million) from Oman India Joint Investment Fund through a preferential allotment………………………………………..Full Article: Source


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