Indian renewable energy firm Greenko has abandoned its $ 1bn plan to buy Orange Renewable . Greenko was understood to have concerns about Orange 's asset management firm being treated as a " core investment firm " by the Reserve bank of India and also about a wind project of Orange 's in ##dian Pradesh . The deal would have made Greenko the second largest investment firm in India . Rothschild is now helping Orange find a new buyer .
Indian renewable energy company Greenko has abandoned its $1bn plan to buy Orange Renewable. Greenko was understood to have concerns about Orange's asset holding firm being treated as a "core investment firm" by the Reserve Bank of India and also about a wind project of Orange's in Andhra Pradesh. The deal would have made Greenko the second largest renewables firm in India. Rothschild is now helping Orange find a new buyer.