The cost of acquisition would be at Rs 1.82 crore, this includes the acquisition of 1,753 MW of Renewable Energy generation capacity from the company. JSW Neo Energy Limited has agreed to acquire the entire shareholding of additional 12 Mytrah Energy India Private Limited SPVs within the already agreed consideration approved by the Board for […]
CPPIB may offer to buy out ReNew minority shareholders – EQ Mag
Canada’s biggest pension fund manager CPP Investments (CPPIB) has initiated preliminary discussions with investment banks to explore the possibility of launching a tender offer to acquire the minority shareholders of Nasdaq listed renewable energy company ReNew Energy Global, which operates one of India’s biggest renewable energy platform – ReNew Power, said a person in the […]
Brookfield in talks to acquire CleanMax Solar – EQ Mag
Canadian investor Brookfield has entered into exclusive negotiations to invest as much as ₹3,000 crore ($363 million) to buy a controlling stake in CleanMax Solar, which provides renewable energy to commercial and industrial establishments, said two people sources in the know, speaking on the condition of anonymity. CleanMax is a major supplier of renewable energy […]
Garware Technical Fibres to acquire 26% stake in TP Bhaskar Renewables – EQ Mag
For purpose of captive use of green power Garware Technical Fibres has entered into an Agreement with TP Bhaskar Renewables (TPBRL), vide which, inter alia, the Company has agreed to acquire and / or subscribe to 26% (twenty-six percent) equity shares of TP Bhaskar Renewables. The proposed acquisition and / or subscription of Equity Shares […]
Shell unit to acquire EV charging firm Volta for about $169 million – EQ Mag
Volta Inc said on Wednesday that a Shell Plc subsidiary would take over the electric vehicle (EV) charging network operator in an all-cash deal valued at about $169 million. Shell USA Inc will acquire all outstanding shares of Class A common stock of Volta for 86 cents apiece in cash in a deal that is […]
Vedanta to acquire Meenakshi Energy for Rs 1,440 cr – EQ Mag
The mineral and metal miner said that it will acquire the debt- laden power company, Meenakshi Energy for a total cash consideration of Rs 1,140 crore In an exchange filing, the mining company said, “Post submission of bid for Meenakshi Energy under Corporate Insolvency Resolution Process (CIRP) under Insolvency and Bankruptcy Code (IBC), Vedanta has […]
Nautilus Set to Acquire its Largest Pre-Operational Community Solar Portfolio from Seaboard Solar Holdings – EQ Mag
Summit, New Jersey : Nautilus Solar Energy®, LLC (“Nautilus”), on behalf of its affiliate Nautilus US Power Holdco, LLC (“NUPH”), announced that it has signed a deal to acquire a 54MW portfolio of solar projects from Seaboard Solar Holdings, LLC (“Seaboard”). The nine projects in the portfolio are located in New York and are expected […]
Altus Power to acquire solar assets from True Green Capital – EQ Mag
The solar portfolio is located across California, New York, New Jersey and Massachusetts. US-based renewable energy firm Altus Power has agreed to purchase True Green Capital Management’s (Tgc) 220MW solar asset portfolio for a consideration of $293m. The portfolio consists of 207MW of commercial-scale operating solar capacity and 13MW of capacity nearing completion. Altus Power […]
NextEra Energy Partners, LP announces agreement to acquire an approximately 1,080-megawatt net interest in a portfolio of long-term contracted renewables projects and enters into new convertible equity portfolio financing – EQ Mag
Announces agreement to acquire a 49% interest in an approximately 1.5-gigawatt renewables portfolio and approximately 100% of the indirect membership interests in an approximately 345-MW portfolio of operating wind assets Enters into agreement for a 10-year convertible equity portfolio financing for $805 million that includes the newly acquired assets plus six existing NextEra Energy Partners’ […]
SEMBCORP TO ACQUIRE VECTOR GREEN, ADDING 583MW OF RENEWABLE ASSETS IN INDIA – EQ Mag Pro
Completion of acquisition will bring the Group’ s gross renewable energy capacity to 8.5GW[1], closer to its 2025 target of 10GW of gross installed renewable capacity Sembcorp’s gross renewable energy portfolio installed and under development in India will grow to 3GW Singapore : Sembcorp Industries (Sembcorp) announces that its wholly-owned subsidiary, Sembcorp Green Infra Limited, […]
