Inox Clean Energy is set to acquire Boviet Solar in a deal that could assign an enterprise value of about $750 million (around Rs 7,000 crore) to the San Jose, California-headquartered company, said people familiar with...
NIIF in talks with Temasek, leads race for $1.7 bn Sprng Energy buy
National Investment and Infrastructure Fund (NIIF) has emerged as the frontrunner to acquire Sprng Energy from Shell for nearly $1.7 billion, said people in the know, as India’s quasi-sovereign wealth fund looks to re...
Jindal Renewables, INOXGFL in race for GIP’s Vena India
Leading homegrown clean energy producers such as Naveen Jindal-owned Jindal Renewables, INOXGFL Group, and Edelweiss-owned Sekura Energy are in talks to acquire Vena Energy India, a 1.1 GW renewable energy platform...
Iberdrola puts $1 billion solar stake sale on hold, sources say
Iberdrola has put on hold for now the attempted sale of a minority stake in a roughly 1-gigawatt Spanish solar energy portfolio, according to two people familiar with the matter. The Spanish company decided to explore...
Inox Clean Energy completes Rs 5,000-crore acquisition of Vibrant Energy
Inox Clean Energy on Wednesday said it has completed the acquisition of Vibrant Energy from Macquarie Corporate Holdings Pty Limited and other shareholders at an enterprise value of Rs 5,000 crore. The acquisition has...
UltraTech to pick up 26% in Sunsure Solarpark Seven
UltraTech Cement will acquire a 26.18% stake in Sunsure Solarpark Seven, a renewable energy generation and transmission company, for up to Rs 19.2 crore, the company said on Wednesday. “The acquisition is for the...
ReNew sells 11% stake in unit for $95 million
ReNew Monday said it sold around 11% stake in its commercial and industrial (C&I) power generation power unit to three investors-Leapfrog Investments, Emerging Market Climate Action Fund, and Carlyle AlpInvest. The...
Clean Max Enviro Energy Solutions to acquire 100% stake in Kintech Solarbikaner
Clean Max Enviro Energy Solutions has entered into a Share Purchase Agreement with Kintech Synergy and Kintech Solarbikaner on 16 March 2026 for the acquisition of 100% equity shares of Kintech Solarbikaner at an...
Actis’ Athena Renewable Energy draws SEIT, IndiGrid, Anzen InvIT bids
Several private investors and trusts are in separate discussions to acquire Athena Renewable Energy, the Indian renewable energy platform owned by UK-based private equity firm Actis, multiple people aware of the...
BlackRock to sell its 11.4% stake in Spanish energy firm Naturgy
BlackRock has appointed J.P. Morgan and Goldman Sachs to sell its remaining 11.4% stake in Spanish energy firm Naturgy through an accelerated bookbuild offering, a market filing showed on Monday. BlackRock in...
Macquarie, Blackstone among bidders for Welspun’s green arm
Global private equity majors and strategic infrastructure investors including Macquarie, Actis, Blackstone and Sembcorp are preparing to bid for a controlling stake in Welspun Group’s clean-energy arm, Welspun New...
Actis ‘Sprngs’ a surprise, enters race to re-acquire co from Shell
Actis LLP has unexpectedly entered the fray to buy Sprng Energy from Shell, seeking to re-acquire the clean energy platform it had set up and subsequently sold to the Anglo-Dutch energy major in 2022, said people with...
