GIP led a group of investors to acquire Equis Energy for $5 billion in October 2017.
Following the round, the firm will have an enterprise value of around $6 billion.
Their next innings follows the acquisition of Ostro Energy by ReNew Power Ventures at an enterprise value of $1.5 billion, in India’s largest renewa
The sale of Hydreq was proposed after a group of investors led by Global Infrastructure Partners announced plans to acquire Equis Energy for $5 billio
It raised the financing from the Asian Development Bank, Germany’s Deutsche Entwicklungs- und Investitionsgesellschaft (DEG) and Dutch development b
The deal for the assets that have been up for sale since 2017, marks the first acquisition by one of India’s largest clean energy platforms.
Norway GPFG has invested $658 million in RIL ($485.19 million), ONGC ($108.74 million), Indian Oil ($61.6 million) and Oil India ($2.03 million).
Actis will likely accommodate the solar projects of Essel Group in the new firm that the private equity fund plans to acquire in a deal valued at arou
India’s renewable energy space has also seen consolidation in the backdrop of considerable overseas interest.
Norway’s Statoil ASA, France’s Total SA and Royal Dutch Shell Plc have also shown interest in investing in Amplus that has set up 350 megawat
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