Munjal family-promoted green energy company Hero Future Energies is in separate talks with global investors including KKR, Actis, Temasek-backed O2 Power and the UK’s CDC-owned Ayana Renewable Power to sell 900 megawatt (MW) of its power purchase agreements (PPAs), two people aware of the development told The Economic Times. One PPA that Hero Future plans […]
Actis completes Acme’s 400 MW assets buyout
Mumbai: Actis, UK based investor in the global emerging markets, has completed the acquisition of two solar projects in India totalling 400MW from Acme Solar Holdings Ltd. These projects, acquired through Actis Long Life Infrastructure Fund (ALLIF), are located in Andhra Pradesh and Madhya Pradesh. The deal was signed at an enterprise value of Rs.2300 […]
Actis raises US$1.23 billion in first Long Life Infrastructure Fund
Actis, a leading growth markets investor, today announced that it has completed fundraising for its first Actis Long Life Infrastructure Fund (“ALLIF”). The ALLIF fund was raised by Actis’ in-house teams and represents over US$1.23 billion of fund commitments plus co-investment, delivering up to approximately US$2 billion of investable capital for this new strategy. ALLIF’s […]
Actis raises US$1.23 billion in first Long Life Infrastructure Fund14/08/19
Actis, a leading growth markets investor, today announced that it has completed fundraising for its first Actis Long Life Infrastructure Fund (“ALLIF”). The ALLIF fund was raised by Actis’ in-house teams and represents over US$1.23 billion of fund commitments plus co-investment, delivering up to approximately US$2 billion of investable capital for this new strategy. ALLIF’s […]
Statkraft, Actis eye Equis’ Indian hydroelectric assets
The Hydreq-owned hydroelectric plants in Sikkim are valued at around₹2,700 crore The interest in Hydreq’s assets follows the change in India’s hydro policy last month NEW DELHI: Norwegian state-owned power company Statkraft AS and global private equity (PE) fund Actis Llp are separately looking to acquire the Indian hydroelectric assets of Singapore’s Equis Pte. Ltd, […]
Sprng buys Shapoorji Pallonji’s solar assets
Actis’ renewable energy arm buys 194MW of solar assets for $200 million With this deal, the total operating and under construction capacity of Sprng will increase to 1.65GW NEW DELHI: Global private equity fund Actis Llp’s renewable energy platform Sprng Energy on Friday acquired 194 megawatts (MW) of Shapoorji Pallonji group’s solar assets for an […]
Actis buys 194 Mw operational solar power assets from Shapoorji Pallonji
S P Infra had last year decided to divest a part of its operating portfolio in order to redeploy capital for the development of new solar projects New Delhi: Shapoorji Pallonji Infrastructure Capital (SP Infra) today announced it has sold 194 Megawatt of operating solar power portfolio to Sprng Energy, a renewable energy platform by […]