AXA IM Alts to Acquire Majority Stake in ILOS
The Acquisition is expected to be completed by 1H 2025
April 15, 2025
/ Solar
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
ILOS New Energy, an Independent Power Producer, and Omnes Capital, a private equity firm, together have agreed to sell a 60% stake in ILOS Projects (ILOS) to AXA IM Alts, an alternative investment company. The transaction is subject to customary approvals and is likely to be completed towards the end of H1 2025.
