08.06.2016 - Greenko Energy raises $230 million in fresh funds
Abu Dhabi Investment Authority will invest $150 million, Singapore govt’s sovereign wealth fund GIC to put in rest. Clean energy company Greenko Energy Holdings, an affiliate of the Singapore government’s sovereign wealth fund GIC, has raised $230 million in fresh funding from Abu Dhabi Investment Authority and the parent company. GIC, which acquired a majority stake in Hyderabad-based Greenko Group Plc’s Mauritius entity (Greenko Energy Holdings) for £162.8 million in October is infusing $80 million into the company through one of its affiliates, the company said on Tuesday. GIC will continue to be the majority shareholder...............................................Full Article: Source
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