Avaada Group closes US$1.3bn funding round

Avaada Group closes US$1.3bn funding round

Avaada Group has announced the successful closure of funding round raising more than US$1bn. This US$1.3bn funding round is the largest equity round ever raised by any green energy company in Asia, the Indian developer said. The funding will be used to bolster...
British Columbia Pension Mulls $2bn PE Asset Sale

British Columbia Pension Mulls $2bn PE Asset Sale

British Columbia Investment Management Corp. is mulling the sale of $2 billion in private equity assets in the secondary market to raise capital for other investments, according to people familiar with the matter. The pension fund is close to finalizing the sale of...