2022-06-25
http://w3.windfair.net/wind-energy/news/41125-ge-renewable-energy-india-energy-ransition-onshore-wind-farm-continuum-stake-turbine-cod-mw-gw-gujarat-project-state-financing

GE Energy Financial Services invests in Indian onshore wind farm

Image: GE Renewable EnergyImage: GE Renewable Energy
This transaction marks GE EFS’ first onshore wind equity investment in the state of Gujarat through a structured preferred equity solution.

Official Press Release GE Renewable Energy:

GE acquires 49% stake in Continuum onshore wind farm in support of the energy transition in India

Wind Industry Profile of
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







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