GIC, ADIA-backed Greenko's promoters seal over $200-mn takeover

By Aman Malik

  • 24 Aug 2023
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Greenko founders Anil Kumar Chalamalasetty (left) and Mahesh Kolli | Credit: Greenko

A company owned by the promoters of the Hyderabad-based Greenko Group, one of India’s largest renewable energy producers, is set to acquire the assets of a leading fertilizer manufacturer in a Rs 1,700 crore ($205 million) deal.    The development comes just a few months after Greenko raised $700 million from marquee international investors including Singapore sovereign wealth fund GIC, ......

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