GEF sells 5.55% stake in Premier Energies

By tanvi | Jun 12, 2025

GEF Capital offloaded a 5.55% stake in Premier Energies for ₹2,629 crore via open market deals.

Premier Energies is one of India’s top integrated makers of solar PV cells, modules, and specialty solar products.

The deets: US-based GEF Capital Partners, through its affiliate South Asia Growth Fund II Holdings, sold 2.5 crore shares of Premier Energies, cutting its stake from 11.1% to 5.55%.

Meanwhile, new buyers stepped in. Quant Mutual Fund picked up 0.97%, while Premji Invest’s PI Opportunities AIF V bought 0.74%, taking the combined deal value to around ₹808 crore.

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