In Short : Saatvik Green Energy has acquired an 80% stake in Melcon Transformers, strengthening its presence in the power equipment and renewable energy value chain. The acquisition aims to enhance manufacturing capabilities and ensure reliable supply of critical components. This strategic move supports vertical integration, improves project execution efficiency, and aligns with India’s growing […]
Centre Explores Options to Retain Majority Stake in PFC After REC Merger – EQ
In Short : The government is evaluating options to retain at least a 51% stake in Power Finance Corporation after its proposed merger with REC. Measures under consideration include issuing preference shares or fresh equity to the Centre. The move aims to keep the merged entity classified as a government company while strengthening financing capacity […]
Germany plans to buy majority stake in unit of Dutch grid operator TenneT – EQ Mag
Reliance Industries Limited to acquire majority stake in SenseHawk – EQ Mag Pro
SenseHawk is a Solar Digitization Platform (SDP) with customers throughout the solar asset lifecycle in the US, EMEA, APAC, and SEA. SenseHawk offers an SDP SaaS for process optimization, automation, and asset information management. Mumbai : Reliance Industries Ltd (“RIL”), has today signed definitive agreements to acquire a majority stake in SenseHawk Inc (“SenseHawk”) for […]
Actis Acquires Majority Stake In Southeast Asia Renewables Platform Levanta Renewables – EQ Mag Pro
First Actis Energy Infrastructure investment in Vietnam supporting country’s carbon-neutral commitment Levanta Renewables is a renewable platform with a strong team and 300MW of advanced onshore wind development pipeline in Vietnam Opportunity to scale the business into a sustainability leader across Southeast Asia targeting 1.5GW of renewable energy capacity London, Singapore : Actis, a leading […]
German asset manager- KGAL takes majority stake in Italian solar and wind developer – EQ Mag Pro
Independent investment and asset manager KGAL has acquired a majority stake in Italian solar and wind developer for impact fund KGAL ESPF 5. The established developer controls what it describes as an “excellent pipeline with a total capacity of more than 300 megawatts”. Together with its Italian partner, KGAL said it will complete the pipeline […]
Iberdrola secures option for majority stakes in Swedish offshore wind projects
IIberdrola said the projects, in the Baltic Sea, are at various stages of development and have a combined capacity of 9 gigawatts (GW) LONDON: Iberdrola has signed an agreement giving it the option to take a majority stake in up to eight Swedish offshore wind projects, the Spanish utility said on Tuesday. It previously said […]
