{"id":442354,"date":"2021-10-13T12:21:06","date_gmt":"2021-10-13T06:51:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=442354"},"modified":"2021-10-13T12:21:06","modified_gmt":"2021-10-13T06:51:06","slug":"reliance-to-invest-in-nexwafe-as-strategic-lead-investor","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-to-invest-in-nexwafe-as-strategic-lead-investor\/","title":{"rendered":"Reliance to invest in NexWafe as strategic lead investor"},"content":{"rendered":"<p>NEW DELHI: Billionaire Mukesh Ambani&#8217;s Reliance Industries has invested EUR 25 million in German solar wafer maker NexWafe GmbH to use the firm&#8217;s technology to set up giga-scale wafer manufacturing facilities in India.<\/p>\n<p>&#8220;NexWafe GmbH (NexWafe) today announced the induction of Reliance New Energy Solar Limited (RNESL), a wholly-owned subsidiary of Reliance Industries Limited (Reliance) as a strategic lead investor in its EUR 39 million ($45 million) Series C financing round with an investment of EUR 25 million ($29 million) in phase one,&#8221; the Indian firm said in a late Tuesday evening statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Billionaire Mukesh Ambani&#8217;s Reliance Industries has invested EUR 25 million in German solar wafer maker NexWafe GmbH to use the firm&#8217;s technology to set up giga-scale wafer manufacturing facilities in India. &#8220;NexWafe GmbH (NexWafe) today announced the induction of Reliance New Energy Solar Limited (RNESL), a wholly-owned subsidiary of Reliance Industries Limited (Reliance) as a strategic lead investor in its EUR 39 million ($45 million) Series C financing round with an investment of EUR 25 million ($29 million) in phase one,&#8221; the Indian firm said in a late Tuesday evening statement.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,243,143],"tags":[],"class_list":["post-442354","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/442354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=442354"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/442354\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=442354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=442354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=442354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}