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GIC-backed AM Green taps another sovereign fund to seal buyout

Manufacturing

13 February, 2024

GIC-backed AM Green taps another sovereign fund to seal buyout

AM Green Ammonia Holdings, which counts Malaysia’s Gentari and Singapore sovereign wealth fund GIC as investors, is bringing on board ......

Premium
In Charts: Check out India's largest renewable energy companies

Infrastructure

01 November, 2023

In Charts: Check out India's largest renewable energy companies

India’s renewable energy sector has grown exponentially over the past decade, attracting billions of dollars in private investment and creating ......

Premium
Petronas unit, GIC to invest in Greenko founders'  green ammonia business

Manufacturing

30 October, 2023

Petronas unit, GIC to invest in Greenko founders' green ammonia business

Gentari Sdn Bhd and GIC Holdings Pte Ltd will invest $1.75 billion in AM Green Ammonia Holdings, a company owned ......

Premium
What is clouding GIC-controlled Greenko's outlook as it diversifies into new areas?

Infrastructure

20 September, 2023

What is clouding GIC-controlled Greenko's outlook as it diversifies into new areas?

In March, Hyderabad-based renewable energy company Greenko raised $700 million (around Rs 5,700 crore) via a rights issue from its existing backers—GIC of Singapore, Abu Dhabi ......

Premium
Grapevine: BP eyes Greenko founders' platform; Himadri may buy into Australian firm

General

26 May, 2023

Grapevine: BP eyes Greenko founders' platform; Himadri may buy into Australian firm

BP is in the race with Malaysia’s state-run energy giant Petroliam Nasional Bhd (Petronas) to pick up a minority stake ......

Grapevine: Practo raises down round; RIL hardnosed on Amazon in Future Retail

General

17 August, 2020

Grapevine: Practo raises down round; RIL hardnosed on Amazon in Future Retail

Online healthcare portal Practo has raised $32 million (Rs 240 crore) in a new round of funding led by Chinese ......

Paytm set to back HungerBox; ArcelorMittal, PE fund may tie up for Essar power plant

General

28 May, 2019

Paytm set to back HungerBox; ArcelorMittal, PE fund may tie up for Essar power plant

Business-to-business (B2B) food-tech firm HungerBox may raise $15 million (around Rs 100 crore) in a round led by Paytm, The ......

Greenko to raise fresh capital from GIC, ADIA; Sequoia may lead BharatPe's funding

General

21 February, 2019

Greenko to raise fresh capital from GIC, ADIA; Sequoia may lead BharatPe's funding

Renewable energy major Greenko Energy Holdings Pvt. Ltd is set to raise $550 million (Rs 3,911 crore at current exchange ......

Greenko-Orange Renewable deal back on track; IL&FS to sell wind energy assets

General

08 October, 2018

Greenko-Orange Renewable deal back on track; IL&FS to sell wind energy assets

Renewable energy major Greenko Group is set to buy AT Capital-backed Orange Renewable Power Pvt. Ltd for an enterprise value ......

Greenko to buy AT Capital-backed Orange Renewable for $300 mn

Infrastructure

04 June, 2018

Greenko to buy AT Capital-backed Orange Renewable for $300 mn

Renewable energy major Greenko Group has agreed to acquire AT Capital-backed Orange Renewable Power Pvt. Ltd for an equity value ......