GIC diversifies further into renewable energy and tech
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SINGAPORE sovereign wealth fund GIC continues diversifying into the new economy.
On Friday, it announced investments in a Japanese solar- and wind-power plant builder and a Chinese e-services platform. It said it bought a stake for an undisclosed sum in Goldman Sachs-backed GS Renewable Holdings GK, the parent firm of Japan Renewable Energy (JRE) Corporation.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Loyang Valley sold for S$880 million to SingHaiyi-led consortium