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Moser Baer Clean Energy invests INR 3 billion for Germany plant
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Tuesday, 08 Nov 2011
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Moser Baer Clean Energy said that it commissioned a 23.8MW solar farm in Germany and invested INR 3.3 billion for the same.

The company in a statement said that the project is financed with long term debt from Germany's DKB Bank.

Moser Baer Clean Energy, promoted by the founders of Moser Baer India Ltd got an investment of INR 3 billion last month from General Electric, after raising INR 13.5 billion from US based private equity firm Blackstone Group in 2010.

(Sourced from ET)

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