Billionaire Gautam Adani plans to inject $1 billion into Adani Green Energy Ltd. through preferential shares. The company is looking to raise funds to meet expansion and refinancing needs. Adani Group aims to reach 45 gigawatts of green energy capacity by 2030 and has bond maturities worth $1.2 billion coming up next year. The conglomerate has been working to recover from allegations of corporate fraud and has taken steps to lower debt and regain investor confidence.
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