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Blackstone Joins Competitive Bid to Acquire Statkraft’s 2 GW Renewable Portfolio in India – EQ

In Short : Blackstone has submitted a $1.5 billion non-binding offer to acquire Statkraft’s India renewable energy portfolio, marking its potential entry into the sector. The 2 GW portfolio includes wind, solar, and hydro assets. Competing bidders include KKR-backed Serentica, Sembcorp, and BlackRock. Statkraft aims to exit India to refocus on core markets like Europe […]

India Powers Ahead: Clean Energy Push Drives 476 GW Capacity and Near-Universal Electrification – EQ