What is Greenko?
Established in 2004 and headquartered in Telangana, India, Greenko is dedicated to revolutionizing the energy landscape by developing and deploying renewable energy solutions. The company focuses on integrated decarbonized energy and grid assets, positioning itself as a key enabler of India's clean energy transition. Greenko's comprehensive approach aims to replace fossil fuels with sustainable alternatives, contributing significantly to environmental goals and energy security.
How much funding has Greenko raised?
Greenko has raised a total of $4.2B across 9 funding rounds:
Unspecified
$150M
Debt
$550M
Private Equity
$230M
Share Placement
$650M
Private Equity
$495M
Share Placement
$980M
Debt
$940M
Unspecified (2013): $150M supported by GIC Singapore
Debt (2014): $550M, investors not publicly disclosed
Private Equity (2016): $230M backed by ADIA
Share Placement (2017): $650M, investors not publicly disclosed
Private Equity (2019): $495M led by ADIA and GIC
Share Placement (2020): $980M supported by Orix Corp.
Debt (2021): $940M, investors not publicly disclosed
Key Investors in Greenko
GIC
GIC is a sovereign wealth fund established in 1981, managing Singapore's foreign reserves and investing across public and private markets to secure the nation's financial future. They are known for their long-term investment horizon.
ADIA
ADIA, established in 1976, manages a diversified global investment portfolio from its headquarters in Abu Dhabi, United Arab Emirates, focusing on various asset classes.
What's next for Greenko?
The recent major strategic investment signals a new phase of expansion and development for Greenko. This significant capital injection, alongside its extensive funding history, will likely fuel further innovation in renewable energy technologies and grid infrastructure. Greenko is poised to deepen its market penetration and potentially explore new avenues for sustainable energy generation and storage, reinforcing its leadership in the decarbonization efforts within India and potentially beyond.
See full Greenko company page
