Reliance Industries to invest USD 50 million in Bill Gates' Breakthrough Energy Ventures
Shortpedia
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Reliance Industries has invested USD 50 million in Breakthrough Energy Ventures, a climate change company owned by Microsoft co-founder Bill Gates. In a filing to stock exchanges, Reliance said it will make the investment in tranches over the next 8 to 10 years. "The capital contribution commitment of USD 50 million constitutes 5.75% of the size of the fund contemplated at present," the company said.
