Hinduja National Power Corp. Ltd, part of the diversified Hinduja Group, is the latest company to express interest in acquiring the assets of Kiran Energy Solar Power Pvt. Ltd, according to two people aware of the...
Macquarie taps advisers for up to $4.5 billion Puget Energy stake sale: sources
Macquarie Group has chosen Moelis & Co and its own investment banking arm to advise on the sale of its 42 percent stake in Washington utility Puget Energy, people familiar with the matter said on Tuesday. The stake...
JSW Energy may call off buying Bina Power, puts Toshiba, JV in cold storage
JSW EnergyBSE 0.23 % has put its power equipment manufacturing joint venture with Toshiba on the backburner and is on the verge of calling off its Rs 2,700 crore deal to acquire Bina Power from Jaiprakash Power...
Engie in talks with Equis Energy to acquire green energy assets in India
French energy company Engie is in talks with Singapore-based renewable energy developer Equis Energy to acquire projects from its India portfolio comprising green energy platforms Energon and Energon Soleq, two people...
GVK Energy raises Rs500 crore for Goindwal Sahib power project
GVK Energy Ltd has closed funding for its 540 MW coal-fired power project in Punjab, having raised Rs500 crore from Deutsche Bank in priority funding, according to two people directly aware of the development. The funds...
NLC India invests big money into renewable energy
State-owned power producer NLC India is investing heavily in renewable energy as producing only lignite and generating power from it may not be sustainable for long, chairman and managing director S K Acharya told ET...
Canada’s Cenovus facing tough market for critical asset sales
Cenovus Energy Inc’s (CVE.TO) efforts to sell C$5 billion ($3.8 billion) of energy assets, already facing a rocky road because weak oil prices are depressing the appetite for deals, has become complicated by the...
EESL may go for an IPO to raise Rs200 crore
State-run Energy Efficiency Services Ltd (EESL) may go for an IPO to raise about Rs200 crore by diluting 20% stake before the end of this current financial year, a top official of the company said on Wednesday. The...
Cenovus to replace CEO, plans asset sales after unpopular deal
Cenovus Energy Inc said on Tuesday it would replace Chief Executive Brian Ferguson, who championed an unpopular purchase of western Canadian oil sands assets, and its shares tumbled nearly 9 percent. Ferguson will...
Russia’s Rosatom may acquire wind power projects in India
Attracted by the opportunities in India’s green energy space, Rosatom State Atomic Energy Corp. is planning to enter the country’s renewable energy sector. To start with, the Moscow-based Rosatom, through its unit JSC...
Vistra Energy in takeover talks with Dynegy: WSJ
Power producer Vistra Energy Corp has proposed to take over debt-laden rival Dynegy Inc, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The Texas-based companies are in initial...
Adani Group’s renewable energy arm may raise $200 million
Adani Group’s renewable energy arm is seeking to raise external equity capital after having pumped in millions of dollars of its own money to build a pipeline of projects worth over 2 gigawatts (GW), two people aware of...
