Renewable energy player BluPine Energy on Monday said it has completed the acquisition of 369 MW solar power assets from Acme Group. The 369 megawatts of solar capacity power assets are spread across Uttarakhand...
Endesa in advanced talks for renewable assets stake sale
Spanish power utility Endesa is in advanced negotiations to sell stakes in renewable assets and may have some news on the process in the first half of this year, its Chief Financial Officer Marco Palermo said on...
CenterPoint to sell Louisiana, Mississippi natgas assets for $1.2 billion
CenterPoint Energy said it would sell its natural gas assets in Louisiana and Mississippi for $1.2 billion to Bernhard Capital Partners, as the electric and gas utility plans to focus on its regulated business. Several...
Polymetal International agrees to sell Russian assets in $3.69 bln deal
Precious metals producer Polymetal International said on Monday it had agreed to sell its Russian assets in a $3.69 billion deal that takes into account the debt of the Russian business. Polymetal has been seeking to...
Actis to acquire Patel Infra’s HAM assets for Rs 1,500 crore
Actis, the UK based investor in sustainable infrastructure, will acquire a portfolio of operational and under-construction Hybrid Annuity Model (HAM) road assets from Patel Infrastructure Limited (PIL). Actis has...
Alibaba considers sale of consumer assets including Freshippo, RT-Mart – sources
Chinese internet giant Alibaba Group opens new tab is looking to sell a number of consumer sector assets, including grocery business Freshippo and retailer RT-Mart, three sources with knowledge of the situation said...
Hong Kong billionaire Richard Li seeks to sell asset manager PineBridge – sources
Hong Kong investment firm Pacific Century Group (PCG), founded by billionaire Richard Li, is seeking to sell its majority stake in asset manager PineBridge Investments, according to three people with knowledge of the...
Brookfield looking to sell 1.6 GW clean energy India assets
Five years after entering the renewable energy sector in India, Canadian investor Brookfield Asset Management is looking to partially monetise its clean energy assets. Among the largest infrastructure investors in the...
Silver Hill Energy Partners to buy Liberty Resources’ North Dakota assets
Silver Hill Energy Partners said on Wednesday it would acquire Liberty Resources II’s interests in oil and gas properties and all of Liberty Midstream Solutions in North Dakota for an undisclosed amount. Merger...
China to merge three major asset managers into China Investment Corp -Xinhua
China plans to merge three of the nation’s biggest bad debt managers into sovereign wealth fund China Investment Corp (CIC), state-run Xinhua Finance News reported, as part of a plan to reform financial...
KKR’s road InvIT to acquire 12 assets from PNC infratech
Highway Infrastructure Trust, an infrastructure investment trust (InvIT) backed by private equity firm KKR, has agreed to acquire a dozen road projects from PNC Infratech Ltd and PNC Infra Holdings Ltd for a total...
KKR’s road InvIT to acquire 12 assets from PNC infratech
Highway Infrastructure Trust, an infrastructure investment trust (InvIT) backed by private equity firm KKR, has agreed to acquire a dozen road projects from PNC Infratech Ltd and PNC Infra Holdings Ltd for a total...