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OMERS Infrastructure Agrees to Purchase 19.4% Stake in Azure Power

OMERS Infrastructure Agrees to Purchase 19.4% Stake in Azure Power

SINGAPORE, July 30 (Korea Bizwire) — OMERS Infrastructure today announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure Power Global Limited (NYSE: AZRE), for a total consideration of approximately US$219m. Founded in 2008, Azure Power is a [...]