India: Actis, Brookfield eye Mahindra’s EPC, solar assets in deal valued at $500m

India: Actis, Brookfield eye Mahindra’s EPC, solar assets in deal valued at $500m

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Private equity firm Actis Llp and Brookfield Asset Management Inc., among others, are eyeing Mahindra Susten’s engineering, procurement and construction (EPC) business, besides its under-construction 600MW solar assets, said two people aware of the development, seeking anonymity. The deal is valued around $500 million, they added.

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