India: GIC-backed Greenko back in race to buy Orange Renewable in $925m deal

Greenko Group founder and president Mahesh Kolli (left) and Greenko Group CEO Anil Kumar Chalamalasetty. Photo: Kumar/Mint

Greenko Group is back in the running to buy Orange Renewable from Singapore’s AT Capital Group for about $925 million, in what may rank among the biggest ever deals in India’s renewable energy space, said two people aware of the development. An official announcement on the deal is likely to be made shortly, said the two people, who did not wish to be named.

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