Following this, Suryachakra will have a 73.9 per cent stake in LPSL and Climate Change will hold the remaining 26.1 per cent shareholding. Climate Change is a Luxembourg-based fund managed by First Climate Group, an European carbon asset management company...
The full article is available here:
Source: www.business-standard.com/india/news/suryachakra-seals-dealfirst-climate/379097/
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First Climate in Business Standard: Suryachakra seals deal with First Climate
Hyderabad-based Suryachakra Power Corporation Limited (SPCL) has concluded an agreement with Climate Change Investment II for a Rs-50 crore equity investment in its wholly-owned subsidiary Lahari Power and Steels Limited (LPSL).
Chernnai/ Hyderabad, December 10, 2009
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