28.10.2015 - India's ReNew Power sells stake to Abu Dhabi sovereign fund
Indian solar and wind energy company ReNew Power Ventures Pvt Ltd sold a "significant minority stake" to a subsidiary of Abu Dhabi Investment Authority (ADIA) for $200 million, the company said in a statement. ADIA's investment was part of a broader $265-million fundraising by new and existing investors in ReNew Power Ventures, it added. Financial adviser Rothschild advised the Abu Dhabi sovereign wealth fund...............................................Full Article: Source
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