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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

India’s ReNew Power sells stake to Abu Dhabi sovereign fund

Posted on 28 October 2015

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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