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 […]
In Short : Jindal India Renewable Energy is actively seeking acquisitions to expand its renewable energy portfolio to 5 GW. The company aims to strengthen its presence in the growing renewable sector by acquiring operational and under-construction projects. This strategy aligns with India’s ambitious clean energy goals and Jindal’s commitment to sustainable power generation. In […]
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 […]
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 For more information please see below link:
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 […]
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 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 […]
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 […]
STAMFORD, Conn. : ReneSola Ltd (“ReneSola Power” or the “Company”) (NYSE: SOL), a leading fully integrated solar project developer, today announced the acquisition of Emeren Limited (“Emeren”), a United Kingdom-based utility-scale solar power and battery projects developer in Europe. The acquisition transaction was completed on October 10 through an all-cash deal with an earn-out provision. […]