SWF – Sovereign Wealth Fund
SoftBank Vision Fund Backs Indian Solar Venture with GCL System
Japan-based SoftBank Group inked a deal with China-based GCL System Integration Technology Co Ltd to form a US$ 930 million Indian joint solar venture.
GCL is contributing the technology to the venture, while SoftBank is focusing on buying land and working through legal hurdles. SoftBank will control 60% of the Indian venture, with GCL owning the other 40%.
SWFI – Sovereign Wealth Fund Institute
https://www.swfinstitute.org/swf-news/swfi-first-read-april-2-2018/
CPPIB Buys Canadian Wind and Solar Assets from NextEra Energy Partners
Canada Pension Plan Investment Board (CPPIB) committed to purchase a portfolio of six Canadian operating wind and solar power projects from NextEra Energy Partners, LP for C$ 741 million, inclusive of working capital and subject to customary adjustments, according to CPPIB.
SWFI – Sovereign Wealth Fund Institute