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Tata Power Renewable Energy Limited (TPREL), integrated renewable energy companies and a subsidiary of The Tata Power, has received the second and final round of investment of ₹ 2,000 crore from GreenForest New Energies Bidco Limited, the company said via an exchange filing.
The company has also successfully allotted 20,00,00,000 Compulsorily Convertible Preference Shares at face value of ₹ 100
TPREL has now received ₹ 4,000 crore of investment pursuant to the binding agreement signed on 14th April 2022 between Tata Power, TPREL and BlackRock Real Assets-led consortium.
Abu Dhabi-based sovereign investor Mubadala has acquired a key stake in Germany's Skyborn Renewables, the world’s largest private offshore wind developer, in a move that gives access to Mubadala into the wind energy giant's Europe and Asia Pacific bases.
The acquisition of a 100 per cent interest in Skyborn Renewables provides GIP and co-investors, including Mubadala, the Abu Dhabi-based sovereign investor managing a...
The investment by Mubadala also includes the acquisition of a stake in GIP’s 50 percent interest in NY Bight Project called Bluepoint Wind, an innovative 1.6GW offshore project in the US.
Shares of Tata Group tanked sharply on Monday after the company announced its subsidiary Tata Power Renewables had raised Rs 4,000 crore from the BlackRock Real Assets-led consortium, including Mubadala Investment Company.Analysts attribute ...
Shares of Tata Group tanked sharply on Monday after the company announced its subsidiary Tata Power Renewables had raised Rs 4,000 crore from the BlackRock Real Assets-led consortium, including Mubadala Investment Company.