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Greenko Raises $700 Million from GIC, Orix for Pumped Storage Projects

The projects will have a storage capacity of 25 GWh

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Renewable energy company Greenko Group announced the signing of definitive agreements for a primary equity raising of US$ 700 million from affiliates of Singapore’s sovereign wealth fund GIC, ORIX Corporation, and a wholly owned subsidiary of the Abu Dhabi Investment Authority.

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