CDPQ to invest $75 mn more in Azure Power

now viewing

CDPQ to invest $75 mn more in Azure Power

November 13, 2019 Anand Gupta

now playing

SJVN Green Energy Limited Issue Tender for setting up Solar Power Project(s) up to 200 MW capacity in the State of Assam - EQ

November 13, 2019 Anand Gupta

now playing

South Asia Going Solar with Growatt Solutions - EQ

November 13, 2019 Anand Gupta

now playing

Navitas Solar wins “Silver” badge from UNFCCC - EQ

November 13, 2019 Anand Gupta

now playing

Jindal Stainless ropes in UK-based SBTi to help reduce carbon footprint - EQ

November 13, 2019 Anand Gupta

Sungrow-signed-a-strategic-partnership-agreement-with-PowernSun

now playing

WFES 2024: Sungrow Showcases its Advanced All-Scenario Renewable Energy Solutions in Abu Dhabi - EQ

November 13, 2019 Anand Gupta

AP-bets-on-renewable-energy-to-meet-goals

now playing

EIB approves €4.3 bn in transition funding, including €805 mn for clean power - EQ

November 13, 2019 Anand Gupta

Mahindra Group and Ontario Teachers’ Co-Sponsor India’s Largest Renewable Energy Listed InvIT with Offer Size of ₹2262.8 Crore ( $273 Mn)

now playing

How India can create a circular economy for renewables - EQ

November 13, 2019 Anand Gupta

IREDA to establish office in Gujarat’s GIFT city to finance Renewable Energy projects in foreign currency

now playing

IREDA's Strategic Move: GIFT City Office to Boost Green Hydrogen and RE Manufacturing Projects - EQ

November 13, 2019 Anand Gupta

now playing

BRBNMP Issue Tender for Supply of 410 KW (AC CAPACITY)/460 KWp (DC CAPACITY) GROUND MOUNTED SOLAR PHOTOVOLTAIC POWER PLANT, WITHOUT BATTERY BANK - EQ

November 13, 2019 Anand Gupta

now playing

INKEL Issue Corrigendum for SELECTION OF PROJECT MANAGEMENT CONSULTANT FOR POWER EVACUATION WORKS FOR SOLAR AND WIND HYRID PARK AT PALAKKAD KERALA - EQ

November 13, 2019 Anand Gupta

Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) plans to invest an additional $75 million in Indian solar power developer Azure Power Global Ltd.

CDPQ’s stake in Azure Power will increase from 41.4% to 49.4% after the investment, the pension fund said in a statement.

The transaction is subject to the approval of Azure Power’s shareholders and other customary closing conditions, CDPQ said, adding that it expects the deal to be complete in December.

CDPQ had first invested in Azure Power in September 2016. The initial investment of $75 million, which was CDPQ’s first India deal, was made just before Azure Power listed on the New York Stock Exchange. Last year, the pension fund invested an additional $100 million more.