GIP Closes Record $5 Billion Deal to Buy Equis Energy

Equis Energy held a 200 MW solar project portfolio in India before the deal closed

January 24, 2018

/ Saumy Prateek
/ Finance and M&A, Solar
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Investment fund Global Infrastructure Partners (GIP) has closed on a deal to acquire a 100 percent stake in renewable energy project developer Equis Energy. The total transaction value of $5 billion includes the assumption of $1.3 billion in Equis Energy debt and ranks as the largest renewable energy generation acquisition in history according to the company.

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Saumy Prateek

More articles from Saumy Prateek.
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