International Holding Co has agreed to invest 7.3 billion dirhams ($2 billion) in three of Indian conglomerate Adani Group’s portfolio companies.
It will provide capital to Adani Green Energy Ltd, Adani Transmission Ltd and Adani Enterprises Ltd which all are listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in India – through the preferential allotment route, it said in a statement.