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Adani Green Energy’s arm sings joint venture agreement with Minerva
Apr-09-2026

Adani Green Energy’s wholly-owned subsidiary -- Adani Renewable Energy Middle East (AGEL UAE) has signed a joint venture agreement (JVA) with Minerva Holding RSC (Minerva), for Minerva Renewables Holding RSC (JVCo) on April 08, 2026.

Under this agreement, EPointZero Holding RSC (EPointZero) the energy and infrastructure arm of International Holding Company PJSC (IHC Group), the largest listed company of UAE with market capitalization over $230 billion, has entered in a joint venture with the company, for development, construction and operation of RE projects, which the JV intends to develop in India. Minerva is wholly owned by EPointZero. AGEL UAE shall invest in JVCo for upto 20% interest, as per the JVA.

Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind.

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