{"id":559806,"date":"2023-03-03T10:00:35","date_gmt":"2023-03-03T04:30:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=559806"},"modified":"2023-03-03T10:53:14","modified_gmt":"2023-03-03T05:23:14","slug":"greenko-energy-holdings-raises-700-mn-equity-from-gic-orix-and-founders","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/greenko-energy-holdings-raises-700-mn-equity-from-gic-orix-and-founders\/","title":{"rendered":"Greenko Energy Holdings raises $700 mn equity from GIC, ORIX and founders"},"content":{"rendered":"<p>Hyderabad-based Greenko Energy Holdings has raised $700 million equity funding from the founders along with GIC, which is a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and Japanese financial group ORIX Corporation.<\/p>\n<p>The company, in an official statement issued late night on Thursday, said it has signed definitive agreements for a primary equity raising of $700 million.<\/p>\n<p>There is no change in the shareholding structure post this investment, the company said.<\/p>\n<p>The company said the $700 million investment will be used towards the capex of pumped storage projects which will have storage capacity of more than 25 GWh. This would enable 45 billion units of dispatchable &#8216;carbon free energy&#8217; (CFE).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hyderabad-based Greenko Energy Holdings has raised $700 million equity funding from the founders along with GIC, which is a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and Japanese financial group ORIX Corporation. The company, in an official statement issued late night on Thursday, said it has signed definitive agreements for a primary equity raising of $700 million. There is no change in the shareholding structure post this investment, the company said. The company said the $700 million investment will be used towards the capex of pumped storage projects which will have storage capacity of more than 25 GWh. [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-559806","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/559806","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=559806"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/559806\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=559806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=559806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=559806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}