In Short : JSW Neo Energy, a JSW Energy subsidiary, signed a 25-year PPA with SECI under the FDRE Tranche IV scheme to supply 230 MW of firm, dispatchable renewable power at ₹4.98/kWh. This milestone strengthens JSW’s clean energy portfolio, boosting its under-construction capacity to 12.9 GW and aligning with its 2030 target of 30 GW generation capacity. […]
Eversource Capital and JSW Neo Energy are the two bidders shortlisted to acquire a controlling stake in Morgan Stanley-backed Continuum Green Energy, the enterprise value of which is pegged at $1.5 billion, according to people in the know. The two bidders were among five that submitted non-binding indicative offers in early April. They will now […]
The cost of acquisition would be at Rs 1.82 crore, this includes the acquisition of 1,753 MW of Renewable Energy generation capacity from the company. JSW Neo Energy Limited has agreed to acquire the entire shareholding of additional 12 Mytrah Energy India Private Limited SPVs within the already agreed consideration approved by the Board for […]
Petronas, Sembcorp Industries, and JSW Neo Energy are separately considering acquiring Continuum Green Energy (India) Pvt. Ltd in a potential deal that may have an enterprise value of $1.5 billion, two people aware of the development said. The companies may submit non-binding bids next month for the deal, which is expected to have an equity […]