Greenko signs agreement to receive funds of $447 million

Greenko Energy Holdings has signed an agreement for raising equity amounting to $447 million from an affiliate of Singapore-based GIC and a wholly owned entity of the Abu Dhabi Investment Authority (ADIA). Under the agreement, GIC will invest $316.1 million, ADIA will invest $79.3 million and Greenko Ventures will invest $52 million. After this investment round, GIC will continue to maintain its majority stake in the company.

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