Abu Dhabi’s International Holding Company PJSC (IHC) is set to divest its investments in Adani Green Energy and Adani Energy Solutions (formerly Adani Transmission).
IHC Subsidiaries, Green Energy Investment Holding, and Green Transmission Investment Holding have reached an agreement with a buyer to dispose of their foreign direct investments in Adani Green Energy and Adani Transmission.
IHC said that this decision aligns with its broader portfolio rebalancing strategy. The company is currently completing all procedures and obtaining the regulatory approvals to execute the agreed-upon…