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10-10-2024, 07:28 AM
"GIC Considers Sale of $5 Billion Greenko Stake
Oct 8, 2024 04:10 PM ET
GIC mulls stake sale in Greenko Energy, valued at $5 billion, sparking interest from global investors in India’s booming clean energy market.
Singapore’s sovereign wealth fund GIC is exploring options for its 50% stake in India’s Greenko Energy Holdings, which is valued at around USD 5 billion. According to Bloomberg, GIC has begun discussions with financial advisers regarding a possible full or partial sale of its stake, though no definitive decision has been reached. The stake is likely to attract interest from infrastructure-focused funds and other sovereign wealth funds due to Greenko’s growing prominence in the clean energy sector."
https://list.solar/news/gic-considers/#:...y%20sector.
Oct 8, 2024 04:10 PM ET
GIC mulls stake sale in Greenko Energy, valued at $5 billion, sparking interest from global investors in India’s booming clean energy market.
Singapore’s sovereign wealth fund GIC is exploring options for its 50% stake in India’s Greenko Energy Holdings, which is valued at around USD 5 billion. According to Bloomberg, GIC has begun discussions with financial advisers regarding a possible full or partial sale of its stake, though no definitive decision has been reached. The stake is likely to attract interest from infrastructure-focused funds and other sovereign wealth funds due to Greenko’s growing prominence in the clean energy sector."
https://list.solar/news/gic-considers/#:...y%20sector.
