CPPIB is in talks to buy out the entire stake held by Goldman Sachs, while Brookfield is eyeing the stake held by another existing investor ADIA (Abu Dhabi Investment Authority), a source told Moneycontrol. India’s largest green energy company ReNew Power is gearing up for a major internal rejig involving its top global investors which […]
Piramal, CPPIB team up for $600 mn renewable energy InvIT
Billionaire Ajay Piramal-led Piramal Enterprises Ltd and Canada Pension Plan Investment Board (CPPIB) have signed an initial pact to co-sponsor a renewable energy-focussed Infrastructure Investment Trust (InvIT). The InvIT will have an initial corpus of $600 million (Rs 4,160 crore) with an option to increase it further, Piramal said in a statement. The Canadian pension […]
Essel Group in talks with Adani, CPPIB, Engie for sale of solar assets
Essel Group is once again in market to sell its 685-MW solar power portfolio, this time on a piecemeal basis. The company is said to be in talks with Adani Power, Canadian Pension Plan Investment Board (CPPIB) after Actis Energy’s discussion to purchase the entire portfolio hit a valuation hurdle, people close to the development […]
