Potential deal for 810MW of projects, valued at about $530 mn, comes in the wake of power sector reforms Mahindra Susten, has commissioned over 967MW, and is executing projects to add another 668MW NEW DELHI : The Adani Group, private equity firm KKR and Edelweiss Infrastructure Yield Plus Fund have separately evinced interest in acquiring […]
KKR, Actis Vie for 400-MW solar assets of Azure Power; ₹1,600cr deal size likely
Set up in 2008 by Inderpreet Wadhwa, Azure Power has a portfolio of more than 7.1 gigawatt solar power projects under various stages in the country, including more than 200 MW rooftop portfolio across 24 states. It has 1.8 GW operational projects, 1.3 GW under construction, 2 GW in development, and 2 GW in the […]
KKR to buy five solar assets from SP Group for $200 million
KKR began to focus on Asia’s infrastructure sector with a series of hires beginning about a year ago, and launched its fundraising in 2019. About 50 per cent of its maiden fund has just been raised Mumbai: Ending months of negotiations, KKR has agreed to buy 5 solar assets of 317 MW from the cash […]
KKR to Acquire 317MWp of Solar Energy Assets from Shapoorji Pallonji Infra
Investment in five assets to accelerate the provision of renewable energy solutions to Indian communities MUMBAI, India: Global investment firm KKR and leading infrastructure developer Shapoorji Pallonji Infrastructure Capital (“SP Infra”) today announced the signing of definitive agreements under which KKR will acquire five solar energy assets from SP Infra for total consideration of INR15.54 […]
KKR to buy solar business of Shapoorji Pallonji, Mytrah
KKR is doubling down on the India renewables story and is in advanced talks to buy the solar portfolio of Shapoorji Pallonji Group for ₹1,500-1,750 crore ($230-250 million), The Economic Times reported citing people aware of the negotiations. It is also in talks to buy Hyderabad-based Mytrah Energy for ₹5,250 crore ($750 million). KKR alone […]
KKR, GIC betting on India’s power sector with $400 million investment: Sources
The deal would mark KKR’s first infrastructure investment in Asia since it set up a team late last year that focuses on the sector in the region India’s power demand grew at about 3.6% in 2018/19, lagging overall economic growth HONG KONG: Global investment firm KKR & Co Inc is leading a deal to acquire […]