Prospective investors include infrastructure-focused funds, sovereign wealth funds and other energy companies, the people said. Considerations are preliminary and GIC may decide not to pursue a sale, the people said.
GIC is considering options for its 50% stake in India’s Greenko Energy Holdings, including a possible sale that could be worth around US$5 billion ($6.51 billion), people familiar with the matter said.
The Singaporean sovereign wealth fund is in initial discussions with financial advisers to help evaluate a full or partial sale of its holding in Greenko, the people said, asking not to be identified because the matter is private. A deal could value the renewable energy firm at about US$10 billion, they said.
