SunEdison said to exit India with sale of projects to Greenko
Greenko, backed by the sovereign wealth funds of Abu Dhabi and Singapore, is taking over wind and solar farms from bankrupt renewables giant SunEdison, which is looking to exit its business in India.
ANINDYA UPADHYAY, BLOOMBERG NEWS
Bankrupt clean-energy giant SunEdison Inc. is exiting its business in India by selling 1.7 gigawatts of wind and solar farms to Greenko Energies Pvt., according to two executives with direct knowledge of the transaction.
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