KPI Green plans up to $1 bn InvIT for renewable-energy assets
India's KPI Green Energy plans to launch an infrastructure investment trust (InvIT) backed by renewable energy assets to raise up to $1 billion, a top executive told Reuters. The trust will target an initial raise of 80 billion to 100 billion rupees ($838.16 million-$1.05 billion), Faruk Patel, chairman and managing director of parent company KP Group said on Monday, adding…
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