
The capital will be utilised for pursuing the growth of the respective businesses, further strengthening of the balance sheet and for general corporate purposes. (Image source: Adobe Stock)
International Holding Company PJSC (IHC), the Abu Dhabi-based conglomerate, has signed US$2bn Investment Agreement with Indian multinational conglomerate Adani Group, as primary capital in three Adani portfolio companies ? Adani Green Energy Ltd (AGEL), Adani Transmission Ltd (ATL) and Adani Enterprises Ltd (AEL)