Temasek, EQT to invest US$500m in India renewable energy projects

Ng Ren Jye

Published Thu, Jan 23, 2020 · 09:50 PM

    Singapore

    SINGAPORE state investment firm Temasek Holdings and Sweden-based asset manager EQT will invest a total of US$500 million to develop utility-scale renewable projects in India, both companies said on Wednesday.

    The project is targeting over four gigawatts (GW) of installed capacity across solar and wind projects, via both greenfield projects and mergers and acquisitions.