Pune-based energy distribution startup Repos Energy on Wednesday said it has raised Rs 56 crore from Tata Sons Chairman Emeritus Ratan Tata and other investors. The fresh capital as part of pre-series A funding round is...
Siemens Energy launches $4.3 billion bid for remaining Siemens Gamesa stake
Siemens Energy launched a 4.05 billion euro ($4.28 billion) bid for minority holdings in struggling wind turbine unit Siemens Gamesa, hoping to remove a complex ownership structure that has weighed on its shares. The...
Jsw Signs Exclusive Deal To Buy Mytrah
JSW Group has entered into an exclusive agreement to buy green energy producer Mytrah Energy India Pvt. Ltd in a deal worth about $2 billion in enterprise value, two people aware of the development said. Barclays Bank...
Gip’s Sale Of Renewable Portfolio May Fetch ₹4,500 Crore Value
Infrastructure investor Global Infrastructure Partners (GIP) is seeking an enterprise value of around ₹4,500 crore for the sale of its Indian renewable energy portfolio comprising assets totalling 750 megawatts (MW)...
APG, OMERS Infrastructure buy Dutch renewables firm Groendus
Dutch pension investor APG and OMERS Infrastructure said on Wednesday they had agreed a deal to buy Dutch renewable energy platform Groendus for an undisclosed sum. The deal marks the first infrastructure investment in...
TotalEnergies and Engie eye Casino’s renewable energy arm, Les Echos reports
French energy giant TotalEnergies and power company Engie are eyeing the acquisition of the renewable energy unit of French retailer Casino, valued at around 1.5 billion euros ($1.6 billion), reported Les Echos...
Shell sells Russian retail business to Lukoil
Russia’s second-largest oil producer Lukoil will buy Shell’s Russian retail and lubricants businesses, the companies said on Thursday, as the British oil major moves ahead with its exit from the country...
SSE buys portfolio of wind projects from Siemens Gamesa for 580 mln euros
British renewable power generator and network operator SSE has agreed to buy a portfolio of onshore wind development projects from Siemens Gamesa, the company said on Tuesday confirming a Reuters report. SSE Plc will...
Brazil’s J&F prepares bid for Braskem majority stake, paper says
Holding company J&F Investimentos has prepared an offer to purchase a controlling stake in Brazilian petrochemical firm Braskem SA, newspaper O Globo reported on Sunday. The newspaper, which did not say how it...
Woodside investors to benefit from $40 billion merger with BHP arm, KPMG says
Australian gas producer Woodside Petroleum Ltd’s agreed merger with BHP Group’s petroleum arm is in the best interest of its shareholders, an independent expert said, valuing the combined group at around $40...
Brazil’s Cemig to acquire 49% stake in 6 solar plants
Brazilian power utility Cemig said on Friday it had reached a deal to acquire a 49% stake in special purpose companies holding six solar energy plants for around 37.2 million reais ($7.83 million). The plants, which are...
Woodside investors to benefit from $40 bln merger with BHP arm -KPMG
Australian gas producer Woodside Petroleum Ltd’s agreed merger with BHP Group’s petroleum arm is in the best interest of its shareholders, an independent expert said, valuing the combined group at around $40...
