Posted by:
GE Energy Financial Services invests in Indian onshore wind farm
Official Press Release GE Renewable Energy:
GE acquires 49% stake in Continuum onshore wind farm in support of the energy transition in India
GE Energy Financial Services invests via bespoke structured preferred equity in Continuum’s 148.5 MW Morjar wind power project in Gujarat, India / The project will be equipped with GE Renewable Energy’s 2.7-132 onshore wind turbines with COD expected in June 2022
Today, GE (NYSE: GE) and Continuum Green Energy (India) Pvt Ltd or “Continuum”, a company majority-owned by a global infrastructure fund managed by Morgan Stanley Infrastructure Inc, announced financial close of GE Energy Financial Services’ (“GE EFS”) acquisition of a 49% stake in Continuum’s 148.5 megawatt (MW) Morjar onshore wind project (“Morjar”) in Gujarat, India. To-date, GE EFS has invested in several projects in India, enabling over one gigawatt (GW) of... ... More: Official Press Release GE Renewable Energy
- Keywords:
- GE Renewable Energy, India, energy ransition, onshore, wind farm, Continuum, stake, turbine, COD, MW, GW, Gujarat, project, state, financing