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GIC diversifies further into renewable energy and tech
Published Fri, Oct 20, 2017 · 09:50 PM
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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.
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