Shell, Statkraft join race for Continuum

Both firms and CLP India have been shortlisted for next round Morgan Stanley Infrastructure Partners had invested $212 million in India-focused Continuum Wind Global energy major Royal Dutch Shell and Norway’s state utility Statkraft have joined the race to buy Morgan Stanley Infrastructure Partners-owned wind energy platform Continuum Wind Energy, two people aware of the […]

Statkraft to expand electric vehicle charging in Germany and Britain

The electric vehicle (EV) charging business is a growing market for utilities and Nordic competitors Fortum and Vattenfall have boosted their presence with several acquisitions and cooperation across Europe. OSLO: Norwegian utility Statkraft plans to expand its electric vehicle charging business in Germany and Britain, its chief executive told Reuters on Thursday, and also expects […]

Statkraft, Actis eye Equis’ Indian hydroelectric assets

The Hydreq-owned hydroelectric plants in Sikkim are valued at around₹2,700 crore The interest in Hydreq’s assets follows the change in India’s hydro policy last month NEW DELHI: Norwegian state-owned power company Statkraft AS and global private equity (PE) fund Actis Llp are separately looking to acquire the Indian hydroelectric assets of Singapore’s Equis Pte. Ltd, […]