InvestorQ : How much has the IHC Abu Dhabi invested recently in the Adani group companies?
Priyanka N made post

How much has the IHC Abu Dhabi invested recently in the Adani group companies?

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Neelam Naik answered.
2 months ago
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The International Holding Company PJSC, or IHC Abu Dhabi, based out of the United Arab Emirates, invested Rs15,400 crore in 3 Adani group entities. While IHC has invested Rs3,850 crore each in Adani Green Energy and Adani Transmission, it has invested Rs7,700 crore in Adani Enterprises, which is the holding and incubation venture of the Adani group. As of now, it is not yet clear, what this means in terms of equity stake in the Adani companies.

Currently, the trade between the UAE and India has already touched $41 billion and both the nations are interested in expanding the relationship further into cross border investments also. IHC has been a long term pioneer in several such strategic investments in renewable energy. Adani group is currently planning to invest $50 billion over next 9 years in green hydrogen.

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