BlackRock unit agrees to invest ₹3,000 crore in Aditya Birla Renewables for minority stake
Aditya Birla Group Chairman Kumar Mangalam Birla. File | Photo Credit: PTI Aditya Birla Renewables Ltd (ABREN), a subsidiary of Grasim, has finalised an investment by Global Infrastructure Partners (GIP), part of BlackRock, of up to ₹3,000 crore ($335 million), with a commitment of ₹2,000 crore and a greenshoe option to invest another ₹ 1,000 crore…