Financial boost for Indian start up -- Strategic investor on board
Private equity firm First Reserve has taken a stake in Kenersys, a relatively new wind turbine manufacturer and project developer owned by Kalyani Group, a leading Indian industrial conglomerate. While First Reserve, which specialises in the energy sector, declines to discuss the financial terms of the deal, the company's Francesco Giuliani says it is "a perfect match between First Reserve's energy experience and Kalyani Group's operational excellence." The Indian company's chairman, B.N. Kalyani, says with...
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