New Delhi, April 9 -- Adani Green Energy Ltd (AGEL) on Thursday announced that its subsidiary, Adani Renewable Energy Middle East Ltd, has signed a joint venture agreement with Minerva Holding RSC to develop renewable energy projects in India.
The partnership will focus on the development, construction and operation of clean energy assets, according to a regulatory filing, PTI reported.
Backed by UAE-Based Energy Platform
The joint venture involves EPointZero Holding RSC Ltd, the energy and infrastructure platform of International Holding Company PJSC. Minerva Holding is a wholly owned subsidiary of EPointZero.
IHC Group is among the largest listed companies in the UAE, with a market capitalisation exceeding USD 230 billion.
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