SAEL gets $20M investment from Norfund ahead of IPO
Norfund backs SAEL with $20M ahead of its IPO in clean energy domain.
Live Market Updates
Latest Financial News
Stay ahead with real-time financial news, market insights, and expert analysis from trusted sources worldwide
News Feed
1 articles
Live Market Updates
Latest Financial News
Stay ahead with real-time financial news, market insights, and expert analysis from trusted sources worldwide
positive
8h agoSAEL gets $20M investment from Norfund ahead of IPO
Norwegian state fund Norfund has invested $20 million into SAEL Industries via compulsorily convertible preference shares ahead of its IPO. SAEL operates solar projects and module manufacturing in India. With this capital infusion, the company continues to scale its clean energy portfolio across multiple states while prepping for a public listing.
positive
8h agoSAEL gets $20M investment from Norfund ahead of IPO
Norwegian state fund Norfund has invested $20 million into SAEL Industries via compulsorily convertible preference shares ahead of its IPO. SAEL operates solar projects and module manufacturing in India. With this capital infusion, the company continues to scale its clean energy portfolio across multiple states while prepping for a public listing.
positive
SAEL gets $20M investment from Norfund ahead of IPO
about 8 hours ago
1 min read
51 words
Norfund backs SAEL with $20M ahead of its IPO in clean energy domain.
Norwegian state fund Norfund has invested $20 million into SAEL Industries via compulsorily convertible preference shares ahead of its IPO. SAEL operates solar projects and module manufacturing in India. With this capital infusion, the company continues to scale its clean energy portfolio across multiple states while prepping for a public listing.
Norwegian state fund Norfund has invested $20 million into SAEL Industries via compulsorily convertible preference shares ahead of its IPO. SAEL operates solar projects and module manufacturing in India. With this capital infusion, the company continues to scale its clean energy portfolio across multiple states while prepping for a public listing.
Companies:
SAEL Industries
Tags:
IPO
India
IPO
India
SAEL
clean energy
investment
Source: