March 12, 2019
As per the agreement, SFS has agreed to take a 46% equity stake in the 200 MW wind power project.
Moneycontrol.com - In a first investment by Siemens Financial Services (SFS), the financing arm of Siemens, in a wind farm in Asia, a definitive agreement has been signed for equity investment in the project that involves installation of 100 units of Siemens Gamesa Renewable Energy's SG 2.0 - 114 wind turbines in Tamil Nadu. The project forms part of Solar Energy Corporation of India Limited (SECI) Wind Power Tranche II.
Greenko Group, India's leading renewable energy player, has signed an agreement with Siemens Financial Services (SFS), the financing arm of Siemens AG, for an equity investment in its Poovani Wind Power project. The project is being developed in the state of Tamil Nadu and is backed by Solar Energy Corporation of India Limited (SECI), Central Public Sector Undertaking under the Ministry of New and Renewable Energy, Government of India.
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