Adani Green Energy and Minerva Holding Renewable Energy Joint Venture
Sector: Energy • Location: India
Source: Scanx
Adani Green Energy's wholly-owned subsidiary, Adani Renewable Energy Middle East Ltd (AGEL UAE), has executed a Joint Venture Agreement with Minerva Holding RSC Ltd to develop renewable energy projects across India. The joint venture involves EPointZero Holding RSC Ltd, the energy and infrastructure arm of International Holding Company PJSC (IHC Group), UAE's largest listed company. AGEL UAE will
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Participants
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Status
Original status | awarded |
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Description
Description | Adani Green Energy's wholly-owned subsidiary, Adani Renewable Energy Middle East Ltd (AGEL UAE), has executed a Joint Venture Agreement with Minerva Holding RSC Ltd to develop renewable energy projects across India. The joint venture involves EPointZero Holding RSC Ltd, the energy and infrastructure arm of International Holding Company PJSC (IHC Group), UAE's largest listed company. AGEL UAE will hold up to 20% stake, and Minerva will appoint up to 4 directors to the joint venture board. The partnership aims to develop, construct, and operate renewable energy projects leveraging combined expertise. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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