Britain’s Octopus Energy acquired on Wednesday the French business of Sweden-based OX2 that develops solar power plants on agricultural land, with Octopus planning to retain the French team and add to the current...
Waaree Energies acquires EGP India for Rs 792 crore
Waaree Energies Limited, India’s largest manufacturer of solar PV modules with an installed capacity of 13.3 GW, has signed a definitive agreement to acquire 100% of Enel Green Power (EGP) India from Enel Green Power...
JSW Energy completes acquisition of 125 MW renewables from Hetero group
JSW Energy on Friday said its arm JSW Neo Energy has completed the acquisition of 125 MW of renewable energy assets from Hetero Group for an enterprise value of about Rs 630 crore. The 125 MW portfolio comprises wind...
Constellation Energy to buy Calpine in blockbuster $16.4 billion US power deal
U.S. nuclear power provider Constellation Energy on Friday agreed to buy privately held natural gas and geothermal company Calpine Corp for $16.4 billion, one of the biggest acquisitions in U.S. power industry history...
IFC, ADB, DEC get CCI’s clearance to acquire stake in Fourth Partner Energy
Fair trade regulator CCI on Tuesday cleared the World Bank’s IFC, Asian Development Bank (ADB) and German government’s DEG proposal to acquire a stake in Fourth Partner Energy. IFC — a member of the...
NCLT okays Sangamam Power’s resolution plan for Karvy Data Management Services
The National Company Law Tribunal (NCLT) has approved the resolution plan of Sangamam Power Projects for the acquisition of Karvy Data Management Services (KDMSL) and its subsidiaries. The ruling, delivered by an NCLT...
Jindal Saw to acquire 31.20 pc stake in ReNew Green Energy for undisclosed amount
Jindal Saw on Tuesday said it has inked a pact to acquire 31.20 per cent equity in ReNew Green Energy. However, the company did not divulge the financial details of this equity acquisition. In a filing, Jindal Saw said...
JSW Neo ahead in sprint for O2 Power, Macquarie also in fray
JSW Neo Energy, a wholly owned subsidiary of listed JSW Energy, has emerged as the lead bidder to acquire O2 Power, the renewable energy platform held by Swedish asset manager EQT Partners and Singapore’s Temasek...
India’s ReNew Energy offered to be taken private in $2.82 billion deal
Some of the biggest investors in ReNew Energy Global have offered to take the company private, filings to the U.S. Securities And Exchange Commission (SEC) show, in a proposed deal that values the generator at $2.82...
Crescent Energy expands in Eagle Ford basin with Ridgemar Energy deal
Crescent Energy said on Tuesday it would acquire Carnelian Energy Capital-backed Ridgemar Energy’s assets in the Eagle Ford basin in Texas for a cash-and-stock deal of $905 million, further strengthening its...
TPG is said in advanced talks to buy Siemens Gamesa India assets
TPG Inc. is in advanced talks to buy the Indian wind energy assets of Siemens Energy AG’s Gamesa unit, people familiar with the matter said. TPG has emerged as the likeliest buyer after outbidding rivals including...
NTPC in talks to sell green hydrogen to Japan’s Toyo Engg, Norway’s Getek
State-run NTPC, which is set to start construction of its green hydrogen hub in Andhra Pradesh by the end of the month, is in talks with possible buyers of the green molecule. NTPC is in talks with Japan’s EPC...