Adani Green Energy Limited
GQG Partners decreased its stake in Adani Green Energy from 1.84% to 1.58% by selling 41,27,380 shares. The sale was worth approximately ₹533.27 crore based on the closing price of ₹1293.00 per share.
A renewable energy generation company operating across India, Adani Green develops and manages solar and wind power projects at utility scale. Established as a holding company for the group's renewable energy subsidiaries, it specializes in large-scale clean energy infrastructure development and operations. The company focuses on expanding India's renewable energy capacity through project development, construction, and long-term power generation operations serving industrial and utility customers.
Florida-based global active manager founded in 2016 by Rajiv Jain (ex-Vontobel) and Tim Carver. Manages USD 150 bn+, with the EM Equity fund alone at USD 23 bn (Sep 2024). India is the top country weight in GQG's EM strategy with nearly USD 10 bn deployed in Indian equities including big names in financials, energy and infrastructure. Jain's quality-growth playbook has made GQG one of the most-watched buyers on the street.