Out of the total amount, the firm has made upfront commitment of $200 million. Rest $350 million will be infused in the future to support the future growth of the business.
Brookfield has said it owns controlling stake in the company.
The investment will be made through a combination of subscription of new shares and acquisition of shares from current shareholders and incremental equity capital.
Brookfield shall work alongside the company's existing shareholders to enhance the company's capabilities and grow the platform to in excess of 3 giga watt (Gw) over the next four to five years.
Denne historien er fra July 12, 2024-utgaven av Business Standard.
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Denne historien er fra July 12, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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