ThomasLloyd, an investment and advisory working in the Asian infrastructure sector, has announced the acquisition of a significant stake in SolarArise India Projects Private Limited. This is the company’s first renewable energy investment in India. […]
Greenko Energy Holdings (Greenko) has signed a definitive purchase agreement with Skeiron Green Renewables to acquire 385 MW of the latter’s wind power projects at an enterprise value of about Rs 35 billion. The deal […]
Azure Power India Private Limited has achieved financial closure for the 200 MW Bhadla Solar Park-Phase IV Project. It has concluded a financing deal of Rs 6 billion for the 200 MW capacity. The project […]
Indian Renewable Energy Development Agency Limited (IREDA) and Rural Electrification Corporation Limited (REC) signed a Memorandum of Understanding (MoU) for working together to promote renewable energy development across the country on September 26, 2018. Financing […]
Edelweiss Infrastructure Yield Plus Fund is planning to acquire 140 MW Solar Photovoltaic Power Project-Solairedirect (Bhadla Solar Park-Phase II) in the state of Rajasthan. The value of the transaction is expected to be about Rs […]
State Bank India (SBI) has raised the first tranche of $650 million through the issue of its first green bond, which is a part of SBI’s goal of raising $3 billion to fund renewable energy […]
India has contributed an amount of $1 million for the development of a solar project at the United Nations headquarters in New York. The contribution will help reduce the headquarters’ carbon footprint and promote sustainable […]
The Rural Electrification Corporation (REC) and German development bank KfW have signed a loan agreement of Rs 16 billion. The funds, which are to be leveraged by the private sector, will be used by REC […]
Power Grid Corporation of India Limited (Powergrid) has asked for the approval of its shareholders to raise Rs 200 billion through bonds or debentures on a private placement basis in 2019-20. The announcement was made […]
CLP India Private Limited has signed a JV agreement with Suzlon Energy Limited for development of a 70 MW solar PV power project in Maharasthra. As per the agreement, CLP India has agreed to acquire […]
The Greenko Group has dropped its plan of acquiring Orange Renewables Power Private Limited’s renewable energy projects. Earlier, in June 2018, the Greenko Group had agreed to buy Orange Renewables at an enterprise value Rs […]
CLP India Private Limited signed a joint venture (JV) agreement with Suzlon Energy Limited (SEL) for 70 MW Maharashtra solar power project (Suzlon Energy). As per the agreement, CLP India has agreed to acquire 49 […]
Greenko Group has dropped its plan of acquiring Orange Renewable Power Private Limited’s renewable energy projects. Earlier, in June 2018, Greenko Group had agreed to buy Orange Renewable at an enterprise value Rs 65.06 billion […]
The Power Grid Corporation of India Limited (PGCIL) has asked for the approval of its shareholders to raise an amount of Rs 200 billion through bonds or debentures on private placement basis in the financial […]
Cygni Energy, a solar DC and microgrid solutions provider, has raised $6.4 million in funding Endiya Partners, an early-stage venture capital firm. The amount has been raised through a combination of equity and debt financing […]
The KfW, a German financial institution, has signed loan agreement worth Rs 16 billion (Euro 200 million) with Rural Electrification Corporation Limited (REC) for funding renewable energy project developers in the form of low-interest loans. […]
In its annual general meeting (AGM), Tata Power has obtained an approval from its shareholders to raise up to Rs 55 billion by issuing of non-convertible debentures on a private placement basis. Reportedly, the company […]
The United States Trade and Development Agency (USTDA) has provided a grant to IL&FS Energy Development Company Limited (IEDCL) for the development of a 41 MW wind-solar hybrid project with energy storage in Andhra Pradesh. […]
Fourth Partner Energy has raised an investment amount of $70 million from The Rise Fund, a global impact investment fund managed by TPG Growth. For this transaction, Investec, along with KPMG, acted as the adviser […]
ACME Solar Holdings has announced plans to re-evaluate its proposed initial public offering (IPO). As per media sources, the organisation is likely to downsize the IPO from Rs 22 billion to Rs 10 billion-Rs 15 […]
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