Energy Transition Firm Greenko Named Title Sponsor Of the Hyderabad E-Prix

Formula E and Ace Nxt Gen, the promoter of the first ABB FIA Formula E World Championship race in India, announced that Greenko will be the title partner of the 2023 Greenko Hyderabad E-Prix.

As the title partner of the first FIA-sanctioned electric world championship motorsport race in India, Greenko will fully power the event with renewable energy, in line with Formula E’s net zero carbon strategy and RE100 commitment to achieve 100% renewable energy for the championship.

Founded in 2006, the Greenko Group is a leading energy transition and decarbonisation company building, owning and operating high-quality renewable energy assets replacing fossil fuels with integrated decarbonised energy.

Commenting on the sponsorship deal Anil Chalamalasetty, Founder of Greenko Group and Ace Group, said: "We are delighted to be partnering with an iconic race, India's first ever Formula E World Championship in association with the Govt of Telangana and FIA, with support from the Govt of India. We are committed to combat climate change and lead the way for global decarbonisation. Greenko will be powering the entire 2023 Greenko Hyderabad E-Prix event with renewable energy, making it first of its kind Net Zero event in the world on this scale.”

Alberto Longo, Co-Founder & Chief Championship Officer, Formula E, added: “We welcome Greenko as sponsor of this historic first Formula E race in India. The 2023 Greenko Hyderabad E-Prix promises to be a milestone event for motorsport fans across India, and for fans tuning in around the world. Greenko will have a global platform to showcase their sustainability credentials as Hyderabad joins iconic world cities such as London, Berlin, Diriyah, Mexico City, Rome and Monaco in hosting the pinnacle of electric motor racing.”

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