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

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 Energy Private Limited (SPEPL). With ...
/ / Wind
Suzlon’s Plan to Restructure its Debt

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

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 CLP India Private Limited (CLP) for ...
/ / Finance and M&A, Solar
Avyan Renewable Solar’s Acquisition in SunEdison Reduced to 31%

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 SunEdison with the Bombay Stock ...
/ / Finance and M&A, Solar
Ceiling Tariff of ₹3.10kWh Set for Maharashtra’s Solar Agricultural Feeder Program

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 (SPVs) to set up captive ...
/ / Finance and M&A, Solar
Azure Offers 14,800,000 Equity Shares on New York Stock Exchange at $12.50

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 14,800,000 equity shares at a ...
/ / Markets & Policy, Solar
Solex Energy Limited Launches Its Initial Public Offering

Solex Energy Limited Launches Its Initial Public Offering

Solar component manufacturer Solex Energy Limited (SEL) has become the latest Indian renewables company to announce plans for an initial public offering (IPO) in recent months. Regulatory documents show that ...
/ / Finance and M&A, Solar
IREDA Files IPO papers with SEBI

IREDA Files IPO Papers with SEBI

Proceeding with its plan of launching an Initial Public Offering (IPO), the Indian Renewable Energy Development Agency (IREDA) has filed a draft red herring prospectus with the Securities and Exchange ...
/ / Finance and M&A, Solar