Actis Llp’s BluPine Energy has acquired 404 megawatt (MW) solar power assets of Kolkata-based Atha Group, the London-headquartered private equity firm announced on Thursday. Atha’s solar assets’ enterprise value for the...
Energy
Sembcorp to acquire Vector Green for Rs 2,780 cr
Energy and urban development company Sembcorp Industries has announced plans to acquire Vector Green Energy for Rs 2,780 crore to expand its renewable energy footprint in India to 3 gigawatts (GW), the company said on...
Octopus Energy’s takeover of Bulb delayed over rivals’ concerns
Collapsed British energy supplier Bulb’s acquisition by Octopus Energy was delayed on Friday after rival suppliers including E.ON and British Gas raised concerns about the deal’s approval. Bulb, which had...
Dominion Energy weighing sale of stake in Cove Point LNG Facility -Bloomberg
Dominion Energy Inc is considering selling its multi-billion-dollar stake in the Cove Point liquefied natural gas (LNG) facility in Maryland’s Chesapeake Bay, Bloomberg News reported on Monday citing people with...
I Squared, NIIF and Brookfield in Talks to Buy CleanMax
I Squared Capital, Brookfield and National Investment and Infrastructure Fund (NIIF) are in the early stages of discussions for acquiring rooftop solar power producer CleanMax Enviro Energy Solutions. The potential...
Trafigura’s Puma Energy completes oil logistics sale
Trafigura’s Puma Energy said it had completed the sale of infrastructure assets to ITG Sarl, the parent of a Trafigura joint venture called Impala Terminals, as part of a plan to refocus the unit and reduce its...
KKR looks to sell renewable energy platform Virescent
KKR & Co. is looking to sell its maiden renewable energy platform Virescent, which, once completed, will mark the first exit for the private equity major’s inaugural Asia Pacific Infrastructure Fund from India...
Spanish energy firm Everwood in talks to sell 6.1 GW solar assets portfolio – sources
Spain-based renewable energy investor Everwood Capital has hired Bank of America to sell a portfolio of 6.1 gigawatts (GW) of solar power plants in Europe and Latin America, according to four sources with knowledge of...
Adani green energy buys 3 SPVs from Inox green energy
Adani Green Energy Ltd on Monday said it has acquired three entities from Inox Green Energy Services Limited (IGESL) each holding 50 MW operational wind power projects at Dayapar in Gujarat. IGESL is a subsidiary of...
TotalEnergies to trim stake in Adani Green Energy
TotalEnergies SE said it could sell a small part of its 20% stake in Adani Green Energy Ltd. to cash in on the jump in the valuation of the Indian renewable energy producer. The French energy giant bought 20% of Adani...
Suzlon Energy to raise Rs 1,200 crore via rights issue of 2.4 bn shares
Suzlon Energy said its board has approved raising Rs 1,200 crore via a rights issue of 240 crore shares. The Securities Issue Committee of the Board, at its meeting held on Sunday, approved the rights issue, the company...
Octopus Energy Generation ups stake in UK offshore wind farm
Renewable energy investor Octopus Energy Generation said on Friday it has increased its stake in Britain’s Lincs Offshore Wind Farm. Octopus has been ramping up its offshore wind investments since entering the...
