KKR to acquire solar assets from India's Shapoorji Pallonji for $204m

KKR to acquire solar assets from India's Shapoorji Pallonji for $204m

Solar panels being cleaned. Photo: Reuters

The Shapoorji Pallonji Group, which has been trying to monetise assets to deal with its bloated balance sheet, on Monday said it has signed an agreement to sell 317 megawatts (MW) of solar assets to private equity firm KKR.

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