IDFC Solar Project Refinancing

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 ...
/ / Finance and M&A, Solar
110 MW of Solar Projects Commissioned in Uttarakhand

110 MW of Solar Projects Commissioned in Uttarakhand

Solar projects aggregating 110 MW have been commissioned in the state of Uttarakhand with another 65 MW expected to be commissioned by the end of March 2017. ACME Solar, Rays ...
/ / Solar, Utility Scale
20 MW Solar

India Power Green Utility and Punj Lloyd to Co-Develop 20 MW of Solar in Uttarakhand

India Power Green Utility Private Limited (IPGUPL), a wholly owned subsidiary of India Power Corporation Limited, will co-develop 20 MW of solar in Uttarakhand in partnership with Punj Lloyd. The ...
/ / Solar, Utility Scale
Mergers & Acquisitions

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 ...
/ / Finance and M&A, Solar