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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Greenko shareholders back GBP100mln investment from Singapore

Posted on 10 April 2013

Shareholders of Indian wind and hydro developer Greenko have supported plans for a £100m ($151m) equity investment from the Singaporean government. The company held a special shareholder meeting where investors voted yes to the investment proposal by the Government of Singapore Investment Corporation (GIC).
AIM-listed Greenko has previously said that the funds will be used to accelerate the construction of attractive power opportunities in India by deployment of utility scale wind farms and Himalayan run-of-river hydro projects………………………………………..Full Article: Source


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