Finance and M&A
Independent renewable energy producer Juniper Green Energy has filed its draft red herring prospectus (DRHP) to raise over ₹30 billion (~$349 million) through an initial...
INOXGFL Group’s subsidiary Inox Neo Energies has completed the acquisition of Skypower Solar India, which operates a 50 MW solar power project in Madhya Pradesh....
Solar module manufacturer Rayzon Solar has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise ₹15 billion (~$175...
Gujarat-based Onix Renewable has offered ₹264 (~$3) per share to acquire 1.6 million equity shares of Onix Solar Energy for approximately ₹429 million (~$5 million)....
Close on the heels of its German subsidiaries filing for insolvency, Meyer Burger and its subsidiaries and debtor affiliates in the U.S. have filed for Chapter 11...
Adani Electricity Mumbai (AEML) has concluded the open-market repurchase of its senior secured notes worth $49.5 million (~₹4.25 billion). The transaction is part of a...
Noida-based automotive component manufacturer Samvardhana Motherson International has signed an agreement with HR Dhauliganga, a special-purpose vehicle of Hinduja...
Yaskawa America, which manufactures solar inverters and industrial robots, is investing $180 million to expand and consolidate its facilities into a single campus in...
From: Mercom Capital Group Scatec, a renewable energy solutions provider, has secured $479.1 million of non-recourse project financing to develop the Obelisk hybrid...
Decarbonization solutions company ReNew has reported a 415% year-over-year (YoY) increase in net profit to ₹3.14 billion (~$36.48 million) in the fourth quarter (Q4) of...
Hit by multiple macroeconomic challenges, U.S. residential solar fintech and energy-efficient home improvement platform Solar Mosaic has filed for relief under Chapter...
The National Company Law Tribunal, Chandigarh bench, has approved the merger between Inox Wind Energy (IWEL) and Inox Wind (IWL), both INOXGFL Group companies. The...
From: Mercom Capital Group Enlight Renewable Energy, a developer of renewable energy projects, has secured around $310 million for the hybridization of the Gecama...
Under pressure from increasing debt and falling demand, U.S.-based residential solar company Sunnova Energy filed for Chapter 11 bankruptcy protection on Sunday. Earlier...
Power transmission and renewable energy company IndiGrid has announced that it will acquire ReNew Surya Aayan and Koppal–Narendra Transmission for a total...
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