Funding and M&A Roundup: Aker Horizons Acquires Mainstream Renewable Power
Aker Horizons, an investment company, closed the transaction to acquire Mainstream Renewable Power, an independent renewable energy company. Existing Mainstream shareholders have re-invested and retained 25% ownership in the company ...
Large-Scale Project of the Year: ENGIE’s 250 MW Solar Project in Kadapa
In the recently concluded Mercom India Solar Summit 2021, the virtual event, which was held on April 08 and April 09, ENGIE Solar India was declared the winner in the ...
Edelweiss Infrastructure Acquires 74% Stake in Engie’s Solar Portfolio in India
In one of the largest transactions in the renewables space in the last year, Edelweiss Infrastructure Yield Plus (EIYP), an alternative investment fund managed by Edelweiss Alternative Asset Advisors Limited ...
Project Finance Brief: Adapture Renewables Acquires an 81 MW Solar Project from Q CELLS
The African Development Bank (AfDB)'s board of directors has approved $27.2 million in loan financing for the design, construction, and operation of a 200 MW solar project at Kom Ombo ...
ADB to Provide ₹4.66 Billion Loan to ENGIE for a 200 MW Solar Project in Gujarat
The Asian Development Bank (ADB) and ENGIE have signed a long-term loan agreement worth ₹4.66 billion (~ $65.6 million) to develop and operate a 200 MW (AC) solar project in ...
EIB to Provide $12.5 Million to ENGIE to Set Up Off-Grid Solar Systems in Uganda
The European Investment Bank (EIB) announced that it would provide $12.5 million to solar system installer Fenix International, a subsidiary of ENGIE, to accelerate installations of off-grid solar systems in ...
ENGIE to Sell 74% Stake in its Indian Solar Assets to Edelweiss Infrastructure Yield Plus
ENGIE, a French multinational electric utility company, has announced that it is selling a 74% stake in its solar assets in India to Edelweiss Infrastructure Yield Plus (EIYP). This transaction ...
Engie Set to Acquire Solar Solutions Provider Mobisol to Expand its Footprint in Africa
The French multinational energy conglomerate Engie has decided to expand its operations in Africa through the acquisition of Mobisol, an off-grid solar solutions company. With the acquisition of Mobisol, Engie ...
ENGIE’s Renewable Capacity Additions in India Exceed 1.5 GW
The French multinational energy conglomerate ENGIE’s total renewable capacity in India has crossed 1.5 GW after Gujarat Urja Vikas Nigam Limited (GUVNL) awarded a 280 MW solar project as part ...
Engie’s ₹2.79/kWh Emerges as the Lowest Tariff in SECI’s 480 MW Wind Auction
The Solar Energy Corporation of India (SECI) has auctioned 480 MW of interstate transmission system (ISTS)-connected wind power projects. This was part of the 1,200 MW tender that was floated ...
Engie Acquires 90 Percent Stake in Solar Solutions Provider Simpa Energy
ENGIE, a global independent power producer (IPP), has acquired a 90 percent stake in Simpa Energy, from its parent company Simpa Networks, a distributed energy solutions provider with pay-as-you-go pricing ...
ENGIE And STOA Form Joint-Venture to Develop Wind Projects in India
ENGIE, a global independent power producer (IPP), and STOA, a French infrastructure and investment firm, have announced a joint-venture (JV) to build a wind platform in India. The platform, with ...
Engie Completes Acquisition of Fenix International
French multinational energy conglomerate Engie has completed 100 percent acquisition of Fenix International, a next generation energy company that offers solar home systems (SHS) in Africa. The acquisition will help Engie accelerate ...
Engie Enters African Off-Grid Solar Market with the Acquisition of Fenix International
French multinational energy conglomerate Engie announced that it has reached an agreement to acquire 100 percent of Fenix International, a next generation energy company that offers solar home systems (SHS) ...
