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Avaada Group raises US $1 billion funding

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.

Avaada Group raises US $1 billion funding for manufacturing of Green Hydrogen, Solar PV modules and growth of Renewable Energy platform from Brookfield

Avaada Group Raises US $1 Billion Funding

Avaada Group raises US $1 billion funding for manufacturing of Green Hydrogen, Solar PV modules and growth of Renewable Energy platform from Brookfield

Avaada Group raises US $1 billion funding for manufacturing of Green Hydrogen, Solar PV modules and growth of Renewable Energy platform from Brookfield
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Avaada wins solar farm bid

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.

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