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November 21, 2008


Green Ventures to invest USD 300 million in renewable energy

New York based asset management company Green Ventures International’s subsidiary Green Ventures India plans to deploy over USD 300 million in renewable energy projects and supporting trading in carbon credits through private equity.

Green Ventures' India fund is likely to be launched by June 2008.

The company will invest in existing carbon credit projects, start renewable energy projects, or link foreign grown clean or energy efficient technologies with Indian entrepreneurs.