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0.000111794298490675 -0.00103624715139541 0.000687964913789358 0.000275185965515704 0.000275185965515704 0.000275185965515704 0.000275185965515704 0.000275185965515704
Stock impact report

BlackRock, Inc. (BLK) to Invest $333.6M in India's Aditya Birla Renewables Limited [Yahoo! Finance]

BlackRock, Inc. (BLK) 
Last blackrock, inc. earnings: 4/16 06:02 am Check Earnings Report
US:NYSE Investor Relations: ir.blackrock.com
Company Research Source: Yahoo! Finance
seeking regulatory clearance in India to acquire an unspecified stake in Mumbai-based renewable platform Aditya Birla Renewables Limited. Pixabay/Public Domain The asset management firm has committed to invest $333.6 million in the renewable energy company, which is active in solar, wind, solar-plus-wind, and battery storage. It owns a portfolio of 4.3GW across 10 Indian states. The investment comes at a time when India is undergoing one of the most significant energy transformations. There is a growing demand for renewable energy driven by the need for decarbonization and rising demand. Likewise, on January 6, BlackRock confirmed a 6.72% stake in Ireland's Avadel Pharmaceuticals. The investment further strengthens the asset management firm's exposure in the healthcare sector. Meanwhile, Morgan Stanley reiterated an Overweight rating on BlackRock and set a $1,514 price target. The positive stance comes from the company expanding its offerings in private markets and technology soluti Show less Read more
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