KPI Green Energy signs LOI with Saudi's Raz Holding for strategic investment

KPI Green Energy Limited has announced a Non-Binding Letter of Intent (LOI) with Raz Holding Group, a diversified conglomerate from Saudi Arabia. The LOI outlines Raz Holding Group's intention to make a strategic investment and/or collaboration with KP Group, potentially through acquisition, capital infusion, or other agreed structures. This development is subject to due diligence, definitive agreements, and regulatory approvals. The parties aim to finalize binding agreements within a 90-day exclusivity period, ending November 18, 2026. This LOI signifies growing international interest in India's renewable energy sector and KP Group's comprehensive portfolio.