equity

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Roofsol Energy Raises ₹255 Million Through Equity Funding

Roofsol Energy, a Maharashtra-based rooftop solar EPC services provider, has raised ₹255 million (~$3.03 million) in its inaugural round of equity funding. The funds...

October 17, 2024

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Tina Freese

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Finance and M&A

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Solar
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Refex Industries Announces ₹9.28 Billion Preferential Issue of Shares

Chennai-based Refex Industries has announced a preferential issue of shares worth ₹9.28 billion (~$110.4 million). The preferential issue comprises equity shares of up...

October 7, 2024

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Gautamee Hazarika

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Finance and M&A

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Other
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UltraTech Cement to Procure 7 MW More Power from Continuum MP Windfarm

UltraTech Cement, an Aditya Birla Group company, has said it will procure an additional 7 MW of wind-solar hybrid power from Continuum MP Windfarm, raising the total...

October 1, 2024

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Tina Freese

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Solar

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Wind
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EPC Services Company Solarworld Energy Files for ₹6 Billion IPO

Solarworld Energy Solutions has filed draft papers with the Securities and Exchange Board of India (SEBI) to raise ₹6 billion (~$71.6 million) through an Initial Public...

September 30, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Inox Wind’s EPC Arm Resco Raises ₹3.5 Billion via Equity Sale

Resco Global Wind Services, the engineering, procurement, and construction (EPC) arm of Inox Wind, has raised ₹3.5 billion (~$41.68 million) through an equity investment...

September 12, 2024

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Arjun Joshi

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Finance and M&A

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Wind
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Gensol-Matrix Consortium Wins EPC Contract to Develop Bio-Hydrogen Project

A consortium of engineering and consulting firm, Gensol Engineering and Matrix Gas & Renewables, a natural gas aggregator and hydrogen infrastructure developer, has...

September 6, 2024

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Arjun Joshi

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Other

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Other Energy

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Tenders and Auctions
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Total to Invest $300 Million in a 50:50 Joint Venture with Adani Green

TotalEnergies, a French oil and gas major, will invest $300 million to form a new 50:50 joint venture with Adani Green Energy. The Board of Directors of Adani Green...

September 20, 2023

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Rakesh Ranjan

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Finance and M&A

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Solar
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Blackstone Completes $1 Billion Equity Investment in Invenergy Renewables

Investment firm Blackstone Infrastructure Partners have finalized an approximately $1 billion equity investment in sustainable energy solutions provider Invenergy...

June 22, 2023

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Arjun Joshi

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Finance and M&A

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Other

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Renewable Energy
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Government Floats Bids to Select Advertising Firm & Registrar for IREDA IPO

The Ministry of Finance has invited bids to select an advertising agency for listing and partial disinvestment of the Union government’s shareholding in the Indian...

May 17, 2023

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Rakesh Ranjan

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Finance and M&A

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Other

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Renewable Energy
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NextEra to Sell its Natural Gas Assets to Focus Solely on Renewables

U.S.-based energy firm NextEra Energy announced that it would focus solely on growing its renewable energy portfolio and sell off its STX Midstream and Meade natural gas...

May 9, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Renewable Energy Firm Silicon Ranch Raises $600 Million in Equity Capital

Nashville-based Silicon Ranch, a renewable energy developer, and battery storage solutions provider has conducted a $600 million equity raise to help accelerate its...

January 10, 2023

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Gautamee Hazarika

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Finance and M&A

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Other
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IREDA’s Loan Approvals for Renewables Swell by 89% QoQ in Q2 FY23

Indian Renewable Energy Development Agency (IREDA) has posted a profit of ₹1.84 billion (~$22.83 million) in the second quarter (Q2) of the financial year (FY) 2023,...

November 14, 2022

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Rakesh Ranjan

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Finance and M&A

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Other
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Wind Turbine Maker Suzlon’s ₹2.4 Billion Rights Issue Oversubscribed

Indian wind turbine maker Suzlon announced raising ₹12 billion (~$145.80 million) through a rights issue of 2.4 billion partly paid-up equity shares. The issue was...

October 21, 2022

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Gourav Mishra

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Finance and M&A

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Wind
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Tata Power Renewable Approves Sale of 83.6 Million Shares to BlackRock Mubadala JV

A wholly-owned subsidiary of Tata Power, Tata Power Renewable Energy Limited (TPREL), has approved the allotment of 83.6 million equity shares with a face value of ₹10...

August 19, 2022

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Gourav Mishra

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Finance and M&A

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Other
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Shapoorji Pallonji to Offload 1.25% Stake in Sterling and Wilson

Shapoorji Pallonji has proposed to sell 2,370,787 equity shares having a face value of ₹1 (~$0.013) each, amounting to a 1.25% equity it holds in its solar engineering...

August 12, 2022

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Arjun Joshi

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Finance and M&A

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Solar

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