Macquarie to buy solar assets of Hindustan Powerprojects in $600m deal

Macquarie to buy solar assets of Hindustan Powerprojects in $600m deal

Solar panels being cleaned. Photo: Reuters

An infrastructure fund of Australia’s Macquarie Group Ltd has agreed to buy about 330 megawatts (MW) of operational solar assets from power producer Hindustan Powerprojects Pvt. Ltd for an enterprise value of $600 million, said two people familiar with the discussions.

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