equity-shares

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Adani New Industries Incorporates Subsidiary for Solar Manufacturing

Adani New Industries, a subsidiary of Adani Enterprises, has incorporated a wholly owned subsidiary for solar manufacturing, Adani New Industries One (ANIOL), investing...

March 26, 2025

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Tina Freese

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Manufacturing

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Solar
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Rajesh Power’s IPO Gets Overwhelming Response, Shares List at 90% Premium

Ahmedabad-based Rajesh Power Services (RPSL), a renewable and non-renewable energy solutions provider, has gone public with its Initial Public Offering (IPO) on the BSE...

December 2, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Battery Component Manufacturer GFCL EV Products Raises ₹10 Billion

GFCL EV Products, a manufacturer of intermediate materials for lithium-ion batteries and a part of INOXGFL Group, raised ₹10 billion (~$118.9 million) at an equity...

October 23, 2024

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Tina Freese

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Finance and M&A

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Renewable Energy
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Gensol Incorporates Three Subsidiaries for Renewable Energy Expansion

Gensol Engineering, a solar energy consultancy and EPC solutions provider, has acquired 100% of the equity in three newly incorporated companies to expand its renewable...

October 22, 2024

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Tina Freese

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Finance and M&A

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Renewable Energy
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Inox Green Allots 2.76 Million Equity Shares to Non-Promoter Warrant Holders

The board of directors at Inox Green Energy Services (INOX Green), a wind power operations and maintenance service provider, has allotted 2.76 million equity shares with...

October 8, 2024

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Tina Freese

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Finance and M&A

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Wind
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KPI Green Raises ₹3 Billion Through Qualified Institutions Placement

KPI Green Energy, a renewable energy solutions provider, has raised ₹3 billion (~$36.08 million) through Qualified Institutions Placement (QIP). The company’s board...

December 22, 2023

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Satish Shetty

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Finance and M&A

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Other
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Sterling and Wilson to Raise ₹15 Billion Through Equity Sales

Sterling and Wilson Renewable Energy (SWRE) has received approval from its Board of Directors to raise ₹15 billion (~$180.38 million) through issuing a variety of...

September 28, 2023

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Arjun Joshi

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Finance and M&A

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Other
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Adani Green Energy to Raise ₹123 Billion via Share Offering

Adani Green Energy (AGEL), the renewables arm of the Adani Group, plans to raise ₹123 billion (~$1.4 billion) through the sale of shares via qualified institutional...

July 6, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Siemens Acquires C&S Electric for ₹21 Billion, Expands to Low-Voltage Power Market

Siemens has acquired an electrical equipment manufacturer C&S Electric after receiving the Competition Commission of India’s approval. The company has...

March 1, 2021

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Harsh Shukla

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Finance and M&A

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Other
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Inox Wind Sells its Subsidiary Sri Pavan Energy to KPR Infra & Projects Limited

Inox Wind, a wind energy solutions provider, has announced that its subsidiary, Inox Wind Infrastructure Services (IWISL), has sold its 51% shareholding in Sri Pavan...

May 26, 2020

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Anjana Parikh

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Wind
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Suzlon’s Plan to Restructure its Debt

The board of directors of Suzlon Energy Limited, a leading renewable energy company that has been in a financial rut over the past year, has put in place a plan for...

March 2, 2020

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Anjana Parikh

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Wind
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Mahindra Renewables to Sell Three Subsidiaries to CLP India for ₹3.4 Billion

Mahindra & Mahindra Limited announced that its subsidiary, Mahindra Renewables Private Limited (MRPL), has agreed to sell its entire stake in three subsidiaries to...

February 24, 2020

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Anjana Parikh

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Finance and M&A

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Solar
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Avyan Renewable Solar’s Acquisition in SunEdison Reduced to 31%

Avyan Renewable Solar will now acquire 13,91,896 equity shares representing 31% of the equity share capital of SunEdison, according to a recent corporate filing by...

October 15, 2019

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Anjana Parikh

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Finance and M&A

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Solar
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Exide Industries to Invest 30% of Equity Shares in Three SPVs for Captive Solar Projects

Exide Industries, an Indian lead-acid storage battery manufacturer, will invest up to 30 percent of its total equity share capital in three special purpose vehicles...

January 9, 2019

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Nitin Kabeer

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Finance and M&A

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Solar
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Azure Offers 14,800,000 Equity Shares on New York Stock Exchange at $12.50

Azure Power Global has offered another 14,800,000 equity shares on the New York Stock exchange. Per the company, it has priced its underwritten public offering of 14,800,...

October 8, 2018

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Saumy Prateek

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Markets & Policy

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Solar

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