The Adani Group Thursday said GQG Partners, a US-based global equity investment boutique, has invested Rs 15,446 crore ($1.87 billion) in a series of secondary block trade transactions in Adani Ports and Special Economic Zone Ltd, Adani Green Energy Ltd, Adani Transmission Ltd and Adani Enterprises Ltd.
GQC Partners bought 21.13 crore shares from S B Adani Family Trust through the open market.
“We believe that the long-term growth prospects for these companies are substantial, and we are pleased to be investing in companies that will help advance India’s economy and energy infrastructure, including their energy transition over the long-run,” said Rajiv Jain, Chairman and CIO, GQG Partners said in a press release.
