In Short : Premier Energies will acquire a 51% stake in Transcon Industries for ₹500 crore, reinforcing its position in India’s renewable energy market. The strategic acquisition aims to boost manufacturing capacity, technological innovation, and operational efficiency. This move supports Premier Energies’ long-term vision to expand its footprint in the solar and clean energy sector […]
Canadian investment firm Brookfield has picked up a 51% stake in CleanMax Enviro (CleanMax Solar), which supplies renewable energy to commercial and industrial establishments, said two sources aware of the development. The equity value of the company is between ₹3,500 crore and ₹4,000 crore, they added. The investment will largely be a secondary sale of […]
KUALA LUMPUR : Reservoir Link Energy Bhd has entered into a term sheet for the proposed acquisition of a 51% stake in a new special purpose vehicle (SPV) to undertake solar renewable energy projects in Malaysia. The identified business and identified assets of Solar Bina Engineering Sdn Bhd valued at RM41.5mil, will be injected into […]