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 […]