A subsidiary of Abu Dhabi-based investment firm 2PointZero Group PJSC has entered into a joint venture with Adani Green Energy Limited (AGEL) to develop renewable energy projects across India, strengthening cross-border collaboration in the clean energy sector.
The joint venture will be implemented through ePointZero RSC Limited, operating via its India-focused renewable energy development platform, Minerva Holding RSC Limited. As part of the agreement, AGEL, through its UAE subsidiary, will acquire up to a 20% stake in the JV.
The partnership aims to accelerate the expansion of renewable energy capacity in India and support the country’s ongoing energy transition goals.
2PointZero Group, formed after the consolidation of Abu Dhabi-based entities including International Holding Company PJSC, Multiply Group PJSC, 2PointZero, and Ghitha Holding PJSC, manages assets worth approximately $33 billion. The group operates across sectors such as mobility, energy and utilities, and media and communications, focusing on long-term income-generating investments and strategic acquisitions.
Adani Green Energy Limited, India’s largest renewable energy company, continues to expand its global footprint through strategic partnerships in the clean energy space.
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