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Omers, Norfund in Talks to Pick Up 20% Stake in Avaada Energy For $200 million

Avaada Energy was founded in 2017 by former Welspun Energy promoter Vineet Mittal who left Welspun Group after it sold its renewable business to Tata Power for Rs 10,000 crore in 2016. Canada-based pension fund Omers and Norway government’s private equity arm Norfund are in talks to invest $200 million in Avaada Energy for a […]

Global offshore wind developer enters round 3 market auction in Taiwan – EQ Mag Pro

Fourth Partner Energy Raises US$125 MN in Latest Round of Equity Funding From Norfund And The Rise Fund

Norfund, the Norwegian Investment Fund for developing countries, to infuse $100 Mn and existing shareholder THE RISE FUND to invest an additional $25 Mn in the current round; Funds to be utilized towards business expansion across Indian and International markets Hyderabad-based Fourth Partner Energy today announced that it had raised $125 Mn in equity funding […]

Magenta To Hire Over 340 New Employees In 2022 As Part Of Expansion Plan – EQ Mag Pro