IDFC Alternatives to Sell Infrastructure Asset Management Business to GIP India
IDFC Alternatives Limited, a wholly-owned step down subsidiary of IDFC Limited, has entered an agreement with investment firm Global Infrastructure Partners (GIP) India for the sale of its infrastructure asset ...
Sembcorp Acquires Remaining Stake in Sembcorp Green Infra for ₹14.1 Billion from IDFC
Sembcorp Industries, an energy, water and marine group operating worldwide, through its wholly-owned subsidiary Sembcorp Utilities, has entered into an agreement to acquire the remaining 28 percent stake in Sembcorp ...
IDFC Alternatives Raises ₹2.5 Billion
IDFC Alternatives through its India Infrastructure Fund II has raised ₹2.5 billion (~$39 million) through the sale of non-convertible debentures. The fund will be utilized to refinance two solar projects ...
First Solar to Divest Most of its Operating Solar Projects in India with Planned Sale of 190 MW
IDFC Alternatives' India Infrastructure Fund II (IIF II), through its wholly-owned subsidiary Vector Green Energy, has entered into definitive agreements with First Solar Power India and its affiliates to acquire ...
IDFC Alternatives Inks Rs.3.5 Billion Deal to Acquire 45 MW of Solar Projects from Punj Lloyd
IDFC Alternatives has signed a definitive agreement to acquire three solar projects aggregating 45 MW capacity from Punj Lloyd at an estimated enterprise value of Rs.3.5-3.75 billion (~$52.3-56 million). These ...