GE Energy Financial Services is expanding its Indian renewable energy portfolio and is investing $90 million in 3 group companies of RattanIndia to develop a solar power project portfolio of 500 megawatt, reported Mint..Cyril Amarchand Mangaldas advised GE Energy Financial Services..J. Sagar Associates advised RattanIndia Group with a team led by Partner Rupinder Malik along with Sumit Sinha, Revathy Muralidharan and Sushmita Sarin..Pursuant to the investment, GE will hold 49% of the shareholding in these group companies. RattanIndia and GE together aim to develop 500MW solar assets in Rajasthan, Karnataka, Uttar Pradesh and Maharashtra.
GE Energy Financial Services is expanding its Indian renewable energy portfolio and is investing $90 million in 3 group companies of RattanIndia to develop a solar power project portfolio of 500 megawatt, reported Mint..Cyril Amarchand Mangaldas advised GE Energy Financial Services..J. Sagar Associates advised RattanIndia Group with a team led by Partner Rupinder Malik along with Sumit Sinha, Revathy Muralidharan and Sushmita Sarin..Pursuant to the investment, GE will hold 49% of the shareholding in these group companies. RattanIndia and GE together aim to develop 500MW solar assets in Rajasthan, Karnataka, Uttar Pradesh and Maharashtra.