Executive Summary
Greenko Group plc intends to become a leading owner and operator of clean energy projects in India. Following an initial fundraising in January 2006 Greenko acquired two biomass plants, assumed management control of a third in 2006 and, following a further fundraising, acquired a further three biomass plants up to the current date. The Group has also signed a legally binding commitment to acquire two hydro plants bringing the total energy generation capacity controlled by Greenko to 90.5 MW. Through a combination of two new build schemes which are already licensed and a portfolio of projects under negotiation, Greenko aims to build a portfolio of clean energy with a combined capacity of approximately 400 MW by the end of financial year 2010-2011.
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