Adani Green Energy forms 3 new step down subsidiary companies for renewable energy business

In a statement on Monday, Adani Green Energy Ltd (AGEL) said Adani Renewable Energy Holding Four Limited is its own subsidiary and the newly incorporated entities are its step-down subsidiaries.

Debt Ratio at Billionaire Adani’s Green Firm Needs ‘Watching’

A key financial metric of Adani Green Energy Ltd. is flashing signs of concern as its billionaire owner takes on more debt to become a renewable energy giant.

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Adani Green Energy forms 3 new step down subsidiary companies for renewable energy business

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