Deal could offer partial exit to Goldman Sachs that owns 48% stake in green energy company. Goldman Sachs, a backer of the company since 2011, has invested about $370 million in ReNew Power through 2013 and 2014. Founded in 2011 by Sumant Sinha, t… MUMBAI: Canadian asset management firm Brookfield is in talks to […]
Appellate Tribunal stalls Axis Energy’s PPA withdrawal
Axis had signed 21 contracts with Andhra’s discom for procuring 776 MW of wind capacity. BENGALURU: The Appellate Tribunal for Electricity (APTEL) has restrained Andhra Pradesh’s power regulator from withdrawing approval for power purchase agreements (PPAs) signed with renewable energy developer Axis Energy. Axis had signed 21 contracts with Andhra’s discom for procuring 776 MW […]