Canadian investment firm Brookfield has picked up a 51% stake in CleanMax Enviro (CleanMax Solar), which supplies renewable energy to commercial and industrial establishments, said two sources aware of the development. The equity value of the company is between ₹3,500 crore and ₹4,000 crore, they added. The investment will largely be a secondary sale of […]
Reservoir Link Energy proposes 51% stake purchase in solar renewable energy provider
KUALA LUMPUR : Reservoir Link Energy Bhd has entered into a term sheet for the proposed acquisition of a 51% stake in a new special purpose vehicle (SPV) to undertake solar renewable energy projects in Malaysia. The identified business and identified assets of Solar Bina Engineering Sdn Bhd valued at RM41.5mil, will be injected into […]
