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Reliance Nears Deal to Acquire Solar Panel Maker REC For $1.2 Billion From ChemChina – EQ Mag Pro

Mukesh Ambani-controlled Reliance Industries (RIL) is in discussion with global banks to raise about $500-600 million in acquisition financing for the deal, while the rest will be funded via equity. New Delhi : Billionaire Mukesh Ambani-controlled Reliance Industries (RIL) is poised to acquire Norwegian solar module maker REC Group for $1-1.2 billion from China National […]

UFlex partners with Amplus Phoenix for renewable power at Dharwad plant – EQ