| UK-listed Greenko Group PLC has agreed a non-binding agreement to sell its Indian assets and trading activities to Singapore sovereign wealth fund GIC for £162.8m. The deal for Greenko Mauritius, if completed, will result in GIC acquiring rights to the developer's clean energy projects in India, and would release it from all associated financial liabilities.
Greenko’s portfolio includes 402MW of operational wind capacity and 402MW in an advanced stage of construction. The Hyderabad-based company also operates 235.3MW of hydro assets in India, six biomass plants totalling 41.5MW, as well as a 36.8MW gas/liquid thermal plant...............................................Full Article: Source
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