+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: GIC Considers Sale of $5 Billion Greenko Stake : Not making $$$ (/Thread-GIC-Considers-Sale-of-5-Billion-Greenko-Stake-Not-making)
GIC Considers Sale of $5 Billion Greenko Stake : Not making $$$ - Scythian - 10-10-2024
"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/#:~:text=GIC%20Considers%20Sale,clean%20energy%20sector.
RE: GIC Considers Sale of $5 Billion Greenko Stake : Not making $$$ - Scythian - 10-10-2024
Fitch revises outlook Greenko Energy to negative..
No good
RE: GIC Considers Sale of $5 Billion Greenko Stake : Not making $$$ - Cmpunk - 10-10-2024
Why our gov always invest in lost making companies?
RE: GIC Considers Sale of $5 Billion Greenko Stake : Not making $$$ - Scythian - 10-10-2024
(10-10-2024, 07:43 AM)Cmpunk Wrote: Why our gov always invest in lost making companies?
Silly CPF members feeding cheap $$$ to no brainer
RE: GIC Considers Sale of $5 Billion Greenko Stake : Not making $$$ - Scythian - 10-10-2024
(10-10-2024, 07:43 AM)Cmpunk Wrote: Why our gov always invest in lost making companies?
"Greenko Takes Out ~$400M Bridge Facility Due August With New 3Y JPY 80B Club Loan"
https://www.reorg.com/articles/update-7-greenko-takes-out-400m-bridge-facility-due-august/#:~:text=Greenko%20Takes%20Out%20~%24400M%20Bridge%20Facility%20Due%20August%20With%20New%203Y%20JPY%2080B%20Club%20Loan