Three sovereign funds are eyeing RIL’s clean energy unit

NEW DELHI : Sovereign wealth funds including Singapore’s GIC Holdings Pte Ltd, Abu Dhabi Investment Authority (ADIA) and UAE’s Mubadala Investment Co. are exploring investments in Reliance Industries Ltd’s clean energy unit, two people aware of the development said.

In June, Reliance Industries (RIL) chairman Mukesh Ambani unveiled a 75,000-crore push into clean energy over three years through unit Reliance New Energy Solar Ltd.

https://www.livemint.com/industry/energy/three-sovereign-funds-are-eyeing-ril-s-clean-energy-unit/amp-11640110898784.html