US investor KKR-backed Virescent Infrastructure has acquired Singapore-based Sindicatum Group’s operating solar assets in three Indian states. The acquired PV projects benefit from long-term power purchase agreements with government counterparties.
SHV Energy, a Netherlands-headquartered global distributor of liquefied petroleum gas (LPG), has invested in India’s SunSource Energy as it seeks to realize new opportunities within distributed renewable energy. The investment also enables SunSource to expand its distributed solar portfolio.
New Delhi-headquartered Uttam Group of Companies has purchased California-based Catalina Composites as it sees a surge in demand for clean energy solutions, including hydrogen. The company will invest at least $20 million in staff, equipment, and research and development of high-pressure cylinder production for hydrogen and compressed natural gas.
The Gurugram-headquartered distributed solar energy company has acquired Sterling and Wilson’s 7.2 MWp of on-site rooftop solar projects across seven Indian states.
The New Delhi-based developer has agreed to sell its 152 MW of solar rooftop portfolio for INR 536.5 crore (US$ 73.5 million) as it focuses on capital discipline and improving shareholder returns.
Following 75 MW solar assets in Telangana, Adani Green Energy has completed the acquisition of 20 MW PV assets in Uttar Pradesh for INR 133 crore.
The Mumbai-based investor has concluded acquiring a controlling stake in Engie’s 813 MWp operating solar capacity in India. It will also acquire 2 GW of solar assets to be developed by the French energy major over the next couple of years.
Adani Green Energy has signed an agreement with Sterling & Wilson to acquire its 75 MW of operating solar projects for around INR 446 crore. The projects are located in Telangana.
The Indian developer has signed an agreement with the Canadian developer to acquire its 50 MW Telangana solar project at an enterprise value of around INR 317 crore.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.