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 ...
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 ...
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%
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 & 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 ...
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 ...
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 ...
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 ...
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 ...
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 ...