BlackRock-led consortium to invest Rs 4,000cr in Tata Power Renewables

Tata Power on Thursday said a consortium led by US-based BlackRock Real Assets will invest Rs 4,000 crore in its subsidiary, Tata Power Renewable Energy Ltd, for over 10 per cent equity stake. Abu-Dhabi-based investment company Mubadala Investment Company (Mubadala) is also part of the consortium, Tata Power Company said in a statement. https://ift.tt/mkBxhr9