In Short : ONGC Green Limited, a subsidiary of ONGC, has acquired PTC Energy Limited for ₹1,179 crore. The acquisition includes PTC Energy’s 288.8 MW renewable energy assets, primarily wind power projects. This strategic move strengthens ONGC’s green energy portfolio, aligning with its plans to expand in the renewable sector and support India’s clean energy […]
JSW Energy Strengthens Power Portfolio with KSK Mahanadi Acquisition Pending Regulatory Approvals – EQ
In Short : JSW Energy has received a Letter of Intent to acquire KSK Mahanadi Power’s 3,600 MW thermal plant in Chhattisgarh. The deal, approved by creditors, awaits clearance from the NCLT and CCI. With 1,800 MW operational and 1,800 MW under construction, the acquisition will strengthen JSW Energy’s power portfolio and support India’s growing […]
Jindal India Renewable Energy scouts for acquisition to expand portfolio to 5 GW – EQ
Lupin Expands into Renewable Energy with Successful Acquisition of Sunsure Solarpark – EQ
In Short : Lupin Pharmaceuticals has successfully completed its equity acquisition in Sunsure Solarpark, marking its entry into the renewable energy sector. This acquisition aligns with Lupin’s strategic goal to diversify its portfolio and contribute to sustainable energy solutions. Sunsure Solarpark, known for its solar energy projects, will benefit from Lupin’s investment, supporting India’s growing […]
JSW Energy completes acquisition of 125 MW renewables from Hetero group – EQ
In Short : JSW Neo Energy, a subsidiary of JSW Energy, has completed the acquisition of 125 MW of renewable energy assets from Hetero Labs and Hetero Drugs. The wind projects, located in Andhra Pradesh and Maharashtra, were acquired for ₹630 crore. This acquisition supports JSW Energy’s goal of expanding its renewable capacity to 10 […]
Acquisition of O2 Power Midco Holdings Pte. Limited and O2 Energy SG Pte. Limited by JSW Neo Energy Limited – EQ
Acquisition of O2 Power Midco Holdings Pte. Limited and O2 Energy SG Pte. Limited by JSW Neo Energy Limited For more information please see below link:
ONGC Negotiates Acquisition of 125 MW Solar Asset from Sprng Energy – EQ
In Short : ONGC is in talks to acquire a 125 MW operational solar asset from Sprng Energy, valued at ₹500 crore. This asset, located in Rajasthan, is part of Sprng’s effort to divest some of its renewable energy projects. The deal, advised by HSBC, aligns with ONGC’s strategy to expand its renewable energy portfolio […]
“Adani Energy Solutions Finalizes Acquisition of Khavda Phase IV Transmission Project” – EQ
In Short : Adani Energy Solutions has finalized the acquisition of the Khavda Phase IV transmission project. This acquisition marks a significant step in Adani’s efforts to expand its infrastructure for renewable energy. The project, located in Gujarat’s Khavda region, is essential for transmitting electricity generated from renewable sources, furthering India’s transition to sustainable energy […]
TransAlta Announces Acquisition of 50% Interest in Early-Stage Pumped Hydro Energy Storage Development Project – EQ Mag
TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that it has entered into a definitive agreement to acquire a 50% interest in the Tent Mountain Renewable Energy Complex (“Tent Mountain” or the “Project”), an early-stage 320 MW pumped hydro energy storage development project, located in southwest Alberta, currently owned by Montem […]
Actis backed BluPin Energy completes acquisition 404 MWp solar portfolio from Atha Group – EQ Mag
Leveraging our experience of building and operating Ostro Energy and Sprng Energy, were committed to building a renewable energy platform of scale, which will be a key driver in Indias Net Zero journey. BluPine Energy is a renewable energy platform established by Actis, targeting 4GW capacity of utility-scale solar, wind and storage projects through a […]