In Short : GE Vernova has agreed to sell its industrial software unit to global investment firm TPG for $600 million. The deal is aimed at sharpening GE Vernova’s focus on its core energy transition and power businesses. TPG plans to expand the software unit’s capabilities, supporting industrial digitalization and efficiency while driving growth opportunities […]
Inox Wind Divests ₹175 Crore Stake in EPC Unit, Unlocks ₹7,400 Crore Valuation – EQ
In Short : Inox Wind has sold a ₹175 crore stake in its engineering, procurement and construction (EPC) subsidiary, valuing the unit at ₹7,400 crore. The move aims to unlock value and strengthen the company’s balance sheet. With this transaction, Inox Wind continues to focus on growth in India’s renewable energy sector while optimizing its […]