Tag: Adani Power
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DB Power Buys Back Global Infrastructure’s Stake At ₹400 Crore
Adani Power canceled its agreement to buy DB Power, citing its long-stop agreement date. But DB Power acquired Global Infrastructure’s stakes at ₹400 Crore. According to two people with knowledge of the transaction, Global Infrastructure Partners (GIP) was able to exit the investment by having its stake in DB Power Ltd.’s thermal power business repurchased ...