Avaada Group raises $1 billion from Brookfield

Brookfield Renewable, through its Brookfield Global Transition Fund (BGTF) will be investing up to $ 1 billion in Avaada Ventures Private Limited. ET first reported on 10 April that Brookfield has signed a deal to invest up to $1 billion in Avaada, and that the investor has disbursed the first tranche of $400 million.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.