JOURNAL ARTICLE

India's Hygenco May Sell 49% Stake for $125 Million, Mint Says.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Sen, Sudhi Ranjan 3 of 3

Abstract

The article focuses on Hygenco Green Energies Pvt's potential sale of a 49% stake to a consortium that includes the International Finance Corporation (IFC), Siemens AG, and Fullerton Fund Management for $125 million. This investment aims to support Hygenco's goal of developing 10 gigawatts of green hydrogen production capacity by 2030. The IFC is expected to contribute $50 million in equity, while Siemens and Fullerton will provide the remaining funds. Hygenco plans to invest $2.5 billion in green hydrogen projects in India over the next three years. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/11, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2025
  • Accession Number:189335041
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