SAN DIEGO : Sempra (NYSE: SRE) (BMV: SRE) announced today it has entered into a definitive agreement to sell a non-controlling 10% interest in Sempra Infrastructure Partners (Sempra Infrastructure) to a subsidiary of the Abu Dhabi Investment Authority (ADIA) for $1.785 billion in cash, subject to customary closing adjustments. This transaction implies an enterprise value […]
GIC, ADIA invest $329 mn more in Hyderabad-based Greenko
Green energy firm to use fresh capital to fund capex of integrated renewable energy projects, acquisitions The fresh tranche follows the $495 mn investment in June by the wealth funds in Greenko NEW DELHI: In one of the largest funding rounds by an Indian clean energy producer, sovereign wealth funds GIC Holdings Pte. Ltd and […]
ADIA, other oil-rich sovereign funds explore renewable energy
Sovereign wealth funds from oil-rich countries in the Middle East are moving to diversify into renewable energy, pushed by regulators and pledges on climate change, but are stopping short of following Norway in shedding some oil and gas investments. Total sovereign wealth fund investments within the oil and gas industry have dwarfed those within renewable […]