UAE’s Clean Energy Company Masdar Acquired in a Deal Valued at $1.9 Billion
Abu Dhabi National Energy Company (TAQA), Abu Dhabi National Oil Company (ADNOC), and Mubadala Investment Company have entered into binding agreements to acquire a stake in Abu Dhabi Future Energy ...
Tata Power’s Revenue Up 28% YoY to ₹425 Billion in FY22
Tata Power recorded revenue of ₹425.76 billion (~$5.53 billion), a 28% year-over-year (YoY) surge from ₹332.39 billion (~$4.31 billion) in the financial year (FY) 2021-22. Tata Power’s consolidated profit after ...
BlackRock, Mubadala to Invest ₹40 billion in Tata Power’s Renewables Arm for a 10% Stake
Tata Power and BlackRock Real Assets-led consortium, including Mubadala Investment Company, have entered into a binding agreement to invest in Tata Power’s green subsidiary, Tata Power Renewable Energy Limited. BlackRock ...
UAE-Based Masdar Backs India’s Hero Future Energies with $150 Million Investment
In a significant development for the domestic renewable industry, the United Arab Emirates-based Masdar has invested around $150 million (~₹10.7 billion) in Hero Future Energies, one of the leading names ...