Greenko to raise fresh capital from GIC, ADIA

Reportedly, Greenko Energy Holdings Private Limited is planning to raise $550 million (Rs 39.11 billion at current exchange rates) in a new round of funding from existing investors Singapore sovereign wealth fund GIC and Abu Dhabi-based Abu Dhabi Investment Authority (ADIA). Greenko’s enterprise valuation will be around $5.2 billion with this funding. In 2018, Greenko had raised $447 million from GIC and ADIA.

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