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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.
”

:/, please indicate the source for reprinting)

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