Page 2 - Greenko

Greenko plans to raise Rs 2,500 cr via NCDs for solar power units

The company will issue new debentures for this amount, to retire existing non-convertible debentures to the tune of Rs 2,655 crore

Greenko, Snam enter agreement to develop hydrogen value chain in India

Hydrogen produced from conventional methods has been used for centuries in various applications, however there is a renewed and rapidly growing attention for green hydrogen globally, according to the

Japan's ORIX Corp to pick minority stake in Greenko Energy for Rs 7,000 cr

"The transaction will further drive capacity, revenue, EBITDA and overall earnings growth for Greenko and our stakeholders," Greenko MD said

Greenko raises $495 million from GIC, ADIA in equity-based funding round

In June last year, GIC and ADIA invested $450 million in the company

Greenko raises $450 mn, to set up 11 GW integrated renewable projects

Company recently acquired 1 GW projects of Gujarat-based Orange Renewables for $1 bn, making it India's second largest renewable company

Greenko raises $155 mn to fund capacity expansion

Hyderabad, 27 March: Hyderabad-based clean energy major Greenko Energy Holdings has announced the signing of definitive agreements for a primary equity raising of $ 155 million (About Rs 1007.5 crore at today's exchange rate) from an affiliate of Singapore Sovereign Wealth Fund, GIC. and an affiliate of Abu Dhabi Investment Authority(ADIA).The GIC, which is the majority shareholder of Greenko, is investing $ 123.9 million while the ADIA subsidiary will be investing the remaining $ 31.1 million, according to the company.'These funds will help us to achieve the target of 3 giga-watt(3,000 mw) installed capacity by December, 2017 from the current 2.5 gw level," Mahesh Kolli, president and joint managing director of Greenko told Business Standard on Monday.After the last year acquisition of the US company Sun Edison's solar assets and a 100-mw hydro electric project in Himachal Pradesh from Abu Dhabi National Energy Company PJSC(TAQA), the Indian renewable energy company is raising this .

Renewable energy firm Greenko raises $230 million equity

Also appoints former SBI chairman OP Bhatt as non-executive chairman