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Featured | 5 November 2012    1 Comment

Portfolio Focus: Blackstone Investee Nuziveedu Seeds

by Paritosh Gajjar
 
@Paritosh
@Nuziveedu_Seeds_L Private Limited, the flagship company of the NSL Group, is the largest hybrid seed company in India.

Blackstone invested R250 Cr ($54 Mn) in the company in 2010 through convertible instruments. An ET piece at that time had stated that the PE firm picked up 25% in the company.

The amount was to be used for R&D, production and marketing of hybrid cotton seeds and to fund its working capital requirements as well.

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GE Energy Invests In Atria's Wind Power Projects

GE Energy Financial Services has invested an undisclosed amount picking up equity stake in three wind power projects being developed by Atria Power Corporation Limited.

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