India: SoftBank-backed SBG Cleantech in talks with Brookfield to raise up to $600m

India: SoftBank-backed SBG Cleantech in talks with Brookfield to raise up to $600m

Renewable energy/Illustration/ Internet Archive

SBG Cleantech, a renewable energy joint venture (JV) between Japanese behemoth SoftBank Group and India’s Bharti Enterprises, is in talks with Canadian investment fund Brookfield to raise $500-600 million, per a report by The Economic Times.

SoftBank owns an 80 per cent stake in the JV while the remaining is held by the Indian multinational.

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