On April 26, Avaada Group announced that it has raised US$1.07 billion to finance its green hydrogen and green ammonia ventures in India as part of its ongoing US$1.3 billion fundraising plan. Brookfield Renewable, through its Brookfield Global Transition Fund (BGTF), will invest up to US$1 billion in Avaada Ventures Private Limited.
/PRNewswire/ Avaada Group today announced that it has raised US $ 1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of.
Avaada Group raises US $1 billion funding for manufacturing of Green Hydrogen, Solar PV modules and growth of Renewable Energy platform from Brookfield laragione.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from laragione.eu Daily Mail and Mail on Sunday newspapers.
Global Power Synergy Plc (GPSC), the power generation arm of national oil and gas conglomerate PTT Plc, continues to grow its renewable business in India after its subsidiary Avaada Energy Private (Avaada) won an auction for a 421-megawatt solar farm project in the country.