IL&FS Initiates the Acquisition of its Subsidiary Energy Advisory Business
The Infrastructure Leasing and Financial Services Limited (IL&FS) has invited expressions of interest (EoI) for the acquisition of the energy advisory business of its subsidiary IL&FS Energy Development Company Limited ...
IL&FS Sells Seven Wind Power Subsidiaries Totaling 873 MW to Japan’s Orix
Orix, a financial services group headquartered in Tokyo, has announced that it will acquire 51% stake in seven wind power generating subsidiaries which it jointly owns with Infrastructure Leasing & ...
India’s NBFC Crisis Exacerbating Financing Challenges for Utility-Scale Solar Projects
Since September 2018, India’s Non-Bank Financial Companies (NBFC) have been in a crisis after Infrastructure Leasing, and Financial Services (IL&FS) admitted to defaulting on several payments to its creditors, consequently ...
IL&FS Offers to Sell Stakes in its Renewable Energy Assets of Solar and Wind Projects
In a major development, the Infrastructure Leasing & Financial Services Ltd (IL&FS) has announced that it is going to achieve the resolution of the IL&FS group through certain measures, including ...
IDFC Alternatives Acquires 40 MW Grid-Connected Solar Projects in Madhya Pradesh
Vector Green Energy, a wholly-owned subsidiary of IDFC Alternatives, has acquired 40 MW of grid-connected solar photovoltaic (PV) projects in the state of Madhya Pradesh. Vector Green Energy is a ...