| <P>Adani Renewable Energy Middle East (AGEL UAE), a wholly-owned subsidiary of Adani Green Energy, has signed a joint venture agreement with Minerva Holding RSC (Minerva), for Minerva Renewables Holding RSC (JVCo) on 08 April 2026.</P> <P>EPointZero Holding RSC (EPointZero), the energy and infrastructure arm of International Holding Company PJSC (“IHC Group”), the largest listed company of UAE with market capitalization over US$ 230 billion, has entered in a joint venture with Adani Green Energy for development, construction and operation of RE projects, which the JV intends to develop in India. Minerva is wholly owned by EPointZero. </P> <P>AGEL UAE shall invest in JVCo. for upto 20% interest, as per the joint venture agreement. </P> |