Singapore’s Solar Developer BlueLeaf Enters India with Majority Stake in Vibrant Energy

Singapore’s Solar Developer BlueLeaf Enters India with Majority Stake in Vibrant Energy

Blueleaf Energy, a Singapore-based renewable energy company, announced that it acquired a majority stake in an Indian clean energy solutions provider, Vibrate Energy Holdings, from ATN International. Blueleaf Energy specializes ...
/ / Finance and M&A, Solar
Battery Company Exide Increases its Stake to 80.15% in Energy Storage Subsidiary

Battery Company Exide Increases its Stake to 80.15% in Energy Storage Subsidiary

Exide Industries Limited, an Indian battery manufacturer, said that it invested ₹331.7 million (~$4.49 million) in its subsidiary Exide Leclanche Energy Private Limited by way of subscription of the subsidiary’s ...
/ / Finance and M&A, Other
Tata Power’s Subsidiary Acquires 10% Stake in Netherland’s Hydro Developer ABV

Tata Power’s Subsidiary Acquires 10% Stake in Netherland’s Hydro Developer ABV

Tata Power International Pte Ltd (TPIPL), a wholly-owned subsidiary of Tata Power Company Limited, has acquired a 10% equity stake in Adjaristqali Netherlands B.V. (ABV) from International Finance Corporation (IFC), ...
CDPQ’s Share in Azure Power Rises to 50.9%

CDPQ’s Share in Azure Power Rises to 50.9%

Caisse de dépôt et placement du Québec (CDPQ), one of Canada’s leading institutional investors, has acquired an additional 717,701 shares from a shareholder of Indian independent power producer Azure Power ...
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
Shell Acquires 20% Stake in Solar Solutions Provider Orb Energy

Shell Acquires 20% Stake in Solar Solutions Provider Orb Energy

Shell’s New Energies business has acquired nearly a 20% stake in Orb Energy, a solar solutions provider. According to a press statement issued by Orb, the new investment is likely ...
/ / Finance and M&A, Solar
Shell to Acquire 49 Percent Stake in Cleantech Solar

Shell to Acquire 49 Percent Stake in Cleantech Solar

Cleantech Solar, a Singapore-based renewable energy project developer, has announced that Shell Eastern Petroleum Ltd (Shell) will acquire a 49 percent interest in the company. The deal is expected to ...
/ / Finance and M&A, Solar
IL&FS Offers to Sell Stakes in its Renewable Energy Assets of Solar and Wind Projects

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 ...
/ / Other, Renewable Energy
GIP Closes Record $5 Billion Deal to Buy Equis Energy

GIP Closes Record $5 Billion Deal to Buy Equis Energy

Investment fund Global Infrastructure Partners (GIP) has closed on a deal to acquire a 100 percent stake in renewable energy project developer Equis Energy. The total transaction value of $5 ...
/ / Finance and M&A, Solar
CPPIB Invests $144 Million Acquires 6.3 Percent% Stake in ReNew Power for a 6.3 Percent Stake $144 Million

CPPIB Invests $144 Million in ReNew Power for a 6.3 Percent Stake

The Canada Pension Plan Investment Board (CPPIB) has acquired a 6.3 percent stake in Indian renewable energy project developer ReNew Power from the Asian Development Bank (ADB) for $144 million ...
/ / Finance and M&A, Solar