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Vineet Mittal’s Avaada Energy bags another $15 million from PROPARCO

French development financial institution PROPARCO, has been reported to have made a $15 million equity investment in independent renewable power producer Avaada Energy Private Limited.

Saur Energy International | Last Updated : 20-Nov-19

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What type of financing?

  • Equity
  • What type of investor is it relevant for?

  • Financial investor