QIA picks up 25% in Adani’s Mumbai power utility for $450M Valuing the business at $1.8B. The assets used to belong to Anil Ambani who was forced to sell in 2016.
AEML supplies power to 3M people in Mumbai and accounts for 55% of electricity supplies to city and covers 87% of area. Assets include generation and transmission lines.
QIA picks up 25% in Adani’s Mumbai power utility for $450M
AEML supplies power to 3M people in Mumbai and accounts for 55% of electricity supplies to city and covers 87% of area. Assets include generation and transmission lines.
QIA picks up 25% in Adani’s Mumbai power utility for $450M
No comments:
Post a Comment