In Short : Greenko, one of India’s leading clean-energy companies, has raised ₹600 crore through privately placed rupee-denominated bonds. The fresh capital will support the company’s ongoing renewable energy projects and strengthen its financial position as it continues to scale its storage-integrated green energy solutions. The bond issuance reflects investor confidence in Greenko’s long-term strategy, […]
AM Green to Boost Stake in Greenko to 25% with Strategic Acquisition from ORIX – EQ
In Short : AM Green is acquiring a 17.5% stake in Greenko Energy Holdings from Japan’s ORIX Corporation, boosting its total ownership to 25% after the deal concludes in July. The move strengthens AM Green’s role in India’s clean energy landscape and aligns with its ambitions in green hydrogen, ammonia, and long-duration energy storage as […]
Reliance, L&T, Greenko, Welspun Secure Land For Green Hydrogen Production At Deendayal Port Authority – EQ
In Short : “Reliance, L&T, Greenko, and Welspun secure land at Deendayal Port Authority for green hydrogen production, signaling a collaborative effort towards sustainable energy initiatives and advancing India’s green hydrogen economy.” In Detail : The aggregated investment in these projects is projected to soar to a staggering Rs 1 lakh crore, positioning it […]
Serentica Renewables Announces Groundbreaking Energy Storage Contract with Greenko – EQ Mag
Contracts 1,500 MWh of dedicated 6-hour energy storage capacity to provide true round-the-clock green energy solutions for its industrial customers New Delhi : Serentica Renewables (“Serentica” or the “Company”), a leading C&I focused renewable energy developer in India, announced that it has signed a first-of-its-kind standalone energy storage capacity offtake contract with global energy storage […]
Greenko raises US$ 700 million in Equity Funding for growing its Cloud Storage Platform to ~50 GWh – EQ Mag
Greenko Energy Holdings (“Greenko”), one of India’s leading energy transition companies, has announced the signing of definitive agreements for a primary equity raising of US$ 700 million from affiliates of GIC, a wholly owned subsidiary of the Abu Dhabi Investment Authority, ORIX Corporation and the Founders to spearhead and accelerate the energy transition and decarbonisation […]
Germany-based Uniper signs pact with Greenko to source green ammonia from India – EQ Mag
New Delhi : Germany-based Uniper has signed an agreement with Greenko ZeroC to source green ammonia from the latter’s Kakinada facility in Andhra Pradesh. “Under the MoU, the two companies intend to negotiate pricing, supply and tenure structure for a supply and purchase agreement for 2,50,000 tonnes per annum of green ammonia (GASPA) based on […]
Greenko places India’s largest 140MW Electrolysers order on John Cockerill for India’s first Green Ammonia plant to be commissioned by ‘24 – EQ Mag
Greenko order builds on existing exclusive partnership with John Cockerill, including joint development of a 2GW per year India’s largest electrolyser manufacturing plant and reinforces companies’ commitment to invest behind India’s ambition to become a global green hydrogen hub. Hyderabad, India | Seraing, Belgium: Greenko Group, India’s leading energy transition company, and John Cockerill, a […]
Greenko to supply 1,000-MW green energy to steel maker JSP’s Odisha plant – EQ Mag Pro
New Delhi : Jindal Steel and Power (JSP) has signed an agreement with clean energy player Greenko for the supply of 1,000-MW green power. As part of the Memorandum of Understanding (MoU), Greenko will supply the clean power for its steel making operations at Angul, Odisha, JSP said in a statement. “The move aimed at […]
Brookfield bets big on Greenko looks to invest $1 billion – EQ Mag Pro
Brookfield Asset Management is in active discussions with Greenko to invest at least $1 billion in the company as the Hyderabad-based clean energy firm doubles down on providing energy solutions, said people aware of the matter. The partnership with Brookfield, a long-term owner, operator and developer of infra assets, will help in decarbonising initiatives that […]
Greenko to develop 400 MW RE capacity for Hindalco’s aluminium smelter – EQ Mag Pro
Greenko Group and aluminium maker Hindalco Industries have entered into an agreement to set up a green energy project that will have a capacity of 375 MW-400 MW in Odisha New Delhi: Renewable energy company Greenko Group and aluminium maker Hindalco Industries have entered into an agreement to set up a green energy project that […]