Gruner Renewable Energy raises $60m for CBG plants
Gruner Renewable Energy announced it has secured a funding of USD 60 million (€55.3 million), which the company will use to expand presence in the green energy space.
Gruner Renewable Energy has plans to establish new compressed biogas (CBG) plants across the country, the company said.
"The investment in Gruner from like-minded partners will be essential for driving the transformation (towards a circular economy and sustainable development)," Gruner Renewable Energy founder & CEO Utkarsh Gupta commented.
Macquarie Asset Management, on behalf of its institutional clients, has provided approximately €420 million of debt financing to Nadara, one of Europe’s largest renewable independent power producers (IPP)
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