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Posted On: 7 August 2023 04:25 pm
Updated On: 7 August 2023 04:41 pm

Qatar Investment Authority potentially invests shares worth USD 500 million in India's Adani Green

Cassandra Pallagud
Cassandra Pallagud
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Qatar investment authority invests shares usd 500 million adani green

According to a report by Reuters, the Qatar Investment Authority (QIA) has likely picked up shares amounting to USD 500 million in Adani Green Energy, an Indian renewable energy firm.

As per the report, the transactions were likely done during the block deals on 7 August 2023. Over 1.1 million shares of Adani Green Energy have changed hands in fourteen block deals according to data from Refinitiv, in a price range of 882 to 954 rupees per share.

Source and cover image credit: Reuters