GIC, ADIA invest $230 mln in Indian renewable energy firm Greenko

June 7, 2016 5:27 AM

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SINGAPORE, June 7 Greenko Energy Holdings, one of India's leading renewable energy companies, said Tuesday it is raising $230 million in equity from an affiliate of Singapore sovereign wealth fund GIC and an entity owned by the Abu Dhabi Investment Authority (ADIA).

GIC invested its share of $80 million in March and the ADIA entity will invest the remaining $150 million, the company said in a statement.

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