Mergers & Acquisitions

Fonroche Energie SAS Divests its India Solar Assets; Shifts Focus to Latin America

France-based renewable energy developer, Fonroche Energie SAS has divested its India solar assets aggregating 22.3 MW. The assets have been acquired by the Hinduja Group. Fonroche Saaras Energy (FSEPL) and ...
/ / Finance and M&A, Solar
Concentrated Solar Thermal Project

IREDA Launches Loan Program for Concentrated Solar Thermal Projects Set Up under the GEF-UNIDO-MNRE Program

The Indian Renewable Energy Development Agency (IREDA) has launched a loan program to provide easy financing to Concentrated Solar Thermal (CST) projects set up under the GEF - United Nations ...
/ / Finance and M&A, Solar
ReNew Power

ReNew Power Raises Rs.5 Billion Through Green Bonds

ReNew Power, announced its first public issue of non-convertible debentures (NCDs) with a face value of Rs.1 million (~$14,744) each, aggregating Rs.5 billion (~$73.72 million). Funding raised will be utilized ...
/ / Finance and M&A, Solar
Greenko Completes SunEdison India Acquisition

Greenko Completes SunEdison India Acquisition

Greenko Energy Holdings (Greenko) has completed the acquisition of SunEdison’s 587 MW Indian wind and solar projects for a cash payment of $42 million and assumption of project-level debt of ...
/ / Finance and M&A, Solar
Mergers & Acquisitions

IDFC Alternatives Inks Rs.3.5 Billion Deal to Acquire 45 MW of Solar Projects from Punj Lloyd

IDFC Alternatives has signed a definitive agreement to acquire three solar projects aggregating 45 MW capacity from Punj Lloyd at an estimated enterprise value of Rs.3.5-3.75 billion (~$52.3-56 million). These ...
/ / Finance and M&A, Solar
Suzlon to Set up 45 MW of Solar Projects in Telangana with Canadian Solar and Unisun Energy

Suzlon to Set up 45 MW of Solar Projects in Telangana with Canadian Solar and Unisun Energy

Suzlon, an Indian wind and renewable energy company, announced that it will develop 45 MW of solar projects in Telangana, in partnership with Unisun Energy (15 MW) and Canadian Solar ...
/ / Finance and M&A, Solar
Azure Power Global Shares Drop After IPO

Azure Power Global Shares Drop After IPO

Azure Power Global debuted on the New York Stock exchange as the first India solar company to go public in the U.S. under the trading symbol “AZRE”.  The company had ...
/ / Finance and M&A, Solar
Azure Power

Azure Power Revises its IPO Down To $75 Million

Azure Power has revised its Initial Public Offering (IPO). With the revised filing, Azure Power plans to raise $75 million (~Rs.5 billion) in place of the previously proposed $140 million ...
/ / Finance and M&A, Solar
NTPC Lists Green Masala Bonds Worth Rs.20 Billion on Singapore Exchange

NTPC Lists Green Masala Bonds Worth Rs.20 Billion on Singapore Exchange

National Thermal Power Corporation (NTPC) has listed green masala bonds worth Rs.20 billion (~$300 million) on the Singapore Exchange (SGX). With this listing, NTPC expects to tap into investors with ...
/ / Finance and M&A, Solar
$600 Million in VC funding for Solar in 2013, Strong Public Market Financings, Project Funding Activity

$600 Million in VC funding for Solar in 2013, Strong Public Market Financings, Project Funding Activity

Total corporate funding up 25 percent at $10 billion Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisition ...
/ / Finance and M&A, Solar
India Solar Anti-dumping Case Initiation

Solar sector sees $189 million in VC funding, $1.3 billion in M&A, in Q2 2013 reports Mercom Capital Group

Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the solar sector during the second ...