Greenko running out of puff

Greenko was looking off-colour as the Indian clean energy firm reminded investors of the weak market for Certified Emission Reduction Units (CERs) in its pre-close trading update.

Greenko was looking off-colour as the Indian clean energy firm reminded investors of the weak market for Certified Emission Reduction Units (CERs) in its pre-close trading update.

The group reiterated previous advice that results for the year to March 31st will be hit by adverse currency movements and a smaller contribution from its biomass division, as well as the subdued market for CERs.

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