Automaker Stellantis said on Wednesday it will pay $100 million to acquire 49.5% of 360 Energy Solar, one of Argentina’s leading solar power producers, in a push towards making its plants more energy self...
Stellantis to acquire stake in Argentina solar power firm in green energy push
Automaker Stellantis said on Wednesday it will pay $100 million to acquire 49.5% of 360 Energy Solar, one of Argentina’s leading solar power producers, in a push towards making its plants more energy self...
Ambani-Adani strategic collaboration: Reliance to acquire 26% stake in 600MW Mahan Energen power unit for
Reliance Industries (RIL) and Adani Power have signed a 20-year power purchase agreement for 500 MW, marking a rare, strategic collaboration between conglomerates led by two of the country’s wealthiest men. The Mukesh...
Ambani-Adani strategic collaboration: Reliance to acquire 26% stake in 600MW Mahan Energen power unit for Rs 50 crore
Reliance Industries (RIL) and Adani Power have signed a 20-year power purchase agreement for 500 MW, marking a rare, strategic collaboration between conglomerates led by two of the country’s wealthiest men. The Mukesh...
CCI clears Adani Power’s purchase of Lanco Amarkantak
The Competition Commission of India on Tuesday approved Adani Power’s acquisition of Lanco Amarkantak Power, according to an order by the antitrust regulator. Adani Power proposes to acquire a 100% stake and control of...
JSW Energy arm inks pact to acquire Reliance Power’s wind project for Rs 132 cr
JSW Energy said that its step-down subsidiary, JSW Renewable Energy (Coated) has signed a business transfer agreement with Reliance Power to acquire a 45 MW wind project in Maharashtra for Rs 132 crore. In an exchange...
Six ARCs acquire 55% of KSK Mahanadi Power’s Rs 29,330-crore debt
Six asset reconstruction companies, including Aditya Birla and Kotak Mahindra-backed ARCs, have accumulated 55% of KSK Mahanadi Power’s ₹29,330-crore debt from lenders in separate transactions, shows disclosure...
JSW Energy unit to acquire Reliance Power’s wind project for Rs 132 crore
JSW Renewable Energy Coated Limited, a wholly-owned subsidiary of JSW Neo Energy Limited will acquire 45 MW of Renewable Energy generation capacity from Reliance Power Limited for Rs 132 crore, the company said on...
Niagara Energy launches takeover bid for Enel’s Peru power unit
Niagara Energy is launching a bid to buy up to the entirety of shares in Enel Generacion Peru, a South American power generation subsidiary of Italian utility Enel, the Lima stock exchange said in a statement on...
Masdar, Gentari, others eye majority stake in Ayana Renewable Power
About half a dozen investors, including Abu Dhabi’s Masdar Clean Energy, Petronas-owned Gentari, Singapore’s Sembcorp, PSP Investments and Brookfield, are vying to acquire Ayana Renewable Power, a clean...
Japan’s J-Power makes $248.7 mln bid for Australian renewables firm Genex
Japan’s Electric Power Development (J-Power) on Monday lodged a A$380.9 million ($248.7 million) bid for Australian renewable energy firm Genex Power, as Japan’s appetite for overseas acquisitions rapidly...
IndiGrid acquires 300 MW solar power plant for Rs 1,550 cr
Infrastructure investment trust IndiaGrid said it has completed the acquisition of 300 MW solar project at an enterprise value of Rs 1,550 crore. With this asset addition, IndiGrid’s portfolio now consists of 19...