An energy arm of GE and Greenko are collaborating on a $115m project to launch a range of wind energy projects in India.
India-based energy company the Greenko Group and GE Energy Financial Services, a corporate venturing unit serving US-based conglomerate General Electric, teamed up on Monday to commit $115m towards developing wind power projects in India. The new company, to be known as Greenko Wind Project Private, will operate as a subsidiary of Greenko.
The collaboration marks the first clean technology investment in India for GE Energy Financial Services, which contributed $50m. The first fruits of the collaboration is set to be…
