Qatar Investment Authority (QIA), the sovereign wealth fund of Qatar, has taken a 2.7% stake in Adani Green Energy through its subsidiary company, INQ Holding LLC.
INQ Holding LLC bought 42,604,601 shares of Adani Green Energy at a price of INR 920 per share from Infinite Trade and Investment, a promoter entity of Adani Group, for a total amount of INR 39.2 billion ($473.36 million).
Infinite Trade and Investment sold 44.9 million shares in a block deal, reducing its equity in Adani Green Energy from 3.37% earlier to 0.5%.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.