In Short : Morgan Stanley and MUFG have launched the $1 billion sale of Vena Energy India, marking Global Infrastructure Partners’ exit from the country. Vena Energy operates 957 MW of renewable assets with 59 MW under construction, alongside a 1.25 GW solar and wind pipeline and 752 MWh of BESS. The long-term PPAs, averaging 17 years at ₹4.5/kWh, make […]
Vector Greens Subsidiaries to Raise Rs 1,237 Crore in Green Bonds – Business Standard
The six subsidiaries of Vector Green Energy – an independent power producer focused on renewable energy and backed by Global Infrastructure Partners (GIP) – will issue the first AAA-rated green bonds in the local market. The subsidiaries plan to raise Rs 1,237 crore and have received Climate Bonds Standard certification for their bonds. The issue […]
GIP looks at Vector Green InvIT to raise $100 million
US-based Global Infrastructure Partners (GIP) is exploring an infrastructure investment trust (InvIT) for its Indian green energy platform, Vector Green Energy, to raise around $100 million in equity, two people aware of the development said. InvITs are trusts that manage income-generating infrastructure assets typically offering investors a regular yield and a liquid method of investing […]
GIP raises $2.8 billion in two infrastructure credit funds
Private equity firm Global Infrastructure Partners (GIP) said on Tuesday it had raised $2.8 billion in its two credit funds that invest in the debt and equity of infrastructure assets in the oil and gas, renewable energy, power and transport sectors. New York-based GIP raised $1.4 billion for its second credit fund, GIP Capital Solutions […]
GIP, Edelweiss Infra in final lap to buy Engie’s India solar portfolio
Both have submitted firm offers and a final decision is due in the next couple of weeks. Actis, another global investor in the race, had backed out recently MUMBAI: Global Infrastructure Partners (GIP) and EdelweissNSE 5.74 % Infrastructure Yield Plus fund are competing to acquire the solar energy portfolio of French major Engie in India […]
