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    Home > Chemicals Industry > International Chemical > CDPQ announced an increase in Azure Power Company

    CDPQ announced an increase in Azure Power Company

    • Last Update: 2022-12-28
    • Source: Internet
    • Author: User
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    CDPQ increased its stake in Indian developer Azure Power to 40 percent
    through a donation of $100 million to the company's recent fundraising.

    It is understood that this new investment in Azure Power brings the total investment of CDPQ to $240 million
    .

    CDPQ's Executive Vice President, Infrastructure said, "With this investment, we reaffirm our commitment to Azure Power and our willingness to
    support its growth.

    He also said, "Azure Power is a leader in India's fast-growing solar industry, a priority market for CDPQ, and has a high-quality management team with a comprehensive understanding
    of the industry.
    In addition, the transaction is fully in line with CDPQ's desire
    as an investor to contribute to the global low-carbon economy.

    :/, please indicate the source for reprinting)

    CDPQ increased its stake in Indian developer Azure Power to 40 percent
    through a donation of $100 million to the company's recent fundraising.

    electricity

    It is understood that this new investment in Azure Power brings the total investment of CDPQ to $240 million
    .

    CDPQ's Executive Vice President, Infrastructure said, "With this investment, we reaffirm our commitment to Azure Power and our willingness to
    support its growth.

    He also said, "Azure Power is a leader in India's fast-growing solar industry, a priority market for CDPQ, and has a high-quality management team with a comprehensive understanding
    of the industry.
    In addition, the transaction is fully in line with CDPQ's desire
    as an investor to contribute to the global low-carbon economy.

    :/, please indicate the source for reprinting)

    /
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