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Ola Electric acquires Etergo, plans to launch own two-wheeler next yearBy : Sustainability ..., May 27, 2020
Ola Electric has acquired Amsterdam-based electric scooter manufacturer Etergo as it looks to launch its own two-wheelers globally next year. These scooters will be manufactured in India. While Ola did not disclose the deal value, Etergo has raised about $23.3 million to date... Read more.. |
KKR, Actis Vie for 400-MW solar assets of Azure Power; Rs 1,600 cr deal size likelyBy : Sustainability ..., May 18, 2020
KKR, Actis, Edelweiss Infrastructure and Ayana Renewable Power are in early talks to acquire about 400 megawatt solar energy projects in Rajasthan and Assam from Azure Power Global, multiple people aware of the development said. They pegged the deal size at ₹1,600-1,700 crore... Read more.. |
NTPC set to expand green energy play with latest acquisitionsBy : Sustainability ..., Apr 2, 2020
NTPC will increase its renewable energy play with its acquisition of the government’s stake in North Eastern Electric Power Corporation Ltd (NEEPCO) and THDC India Ltd (THDCIL). Last week, the Centre raised ₹11,500 crore by divesting its 74.49 per cent stake in THDCIL, in... Read more.. |
Greaves Cotton completes acquisition of Ampere VehiclesBy : Sustainability ..., Nov 15, 2019
Engineering firm Greaves Cotton Ltd on Thursday said it has increased its stake in Coimbatore-based Ampere Vehicles making the completion of the acquisition. Greaves Cotton announced the completion of the acquisition of entire shareholding of Ampere Vehicles CEO, Hemalatha... Read more.. Subject Tags: Acquisition , Ampere Vehicles , e-mobility , electric scooters , Greaves Cotton , last mile connectivity |
SolarEdge increased revenue 54% in 2018 as strong demand set to continueBy : Sustainability ..., Feb 22, 2019
Major PV inverter and smart energy manufacturer SolarEdge Technologies has reported record fourth quarter and full-year 2018 revenue, which increased by 54.4%, due to strong product demand. ... Read more.. Subject Tags: Acquisition , Energy Demand , green business , PV , Renewable Energy , solar energy , SolarEdge Technologies |
PFC plans to borrow Rs 7,000 crore from domestic banks to fund REC dealBy : Sustainability ..., Dec 14, 2018
State-run Power Finance Corp (PFC) plans to fund its acquisition of REC by borrowing Rs 7,000 crore from domestic banks, for which negotiations have begun, and is likely to moderate its dividend... Read more.. |
ENGIE acquires controlling stake in Simpa Energy IndiaBy : Sustainability ..., Nov 14, 2018
Energy services group ENGIE Tuesday announced that it has acquired a controlling stake in Simpa Energy India Pvt Ltd and is investing to fund geographic expansion and accelerate growth. The move... Read more.. |
JSW Energy to revive 240 MW hydro project, eyes acquisitionsBy : Sustainability ..., Oct 30, 2018
Sajjan Jindal-led JSW Energy, that is reviving an old hydropower project plan and is scouting for acquisitions, has warned that the sector needs immediate attention as problems have crippled new... Read more.. |
ThomasLloyd acquires stake in SolarAriseBy : Sustainability ..., Oct 11, 2018
European investment firm ThomasLloyd Group has acquired a stake in Delhi-based solar energy producer SolarArise India Projects Pvt. Ltd, marking its first transaction in the country.... Read more.. Subject Tags: Acquisition , India , M&A deals , solar capacity , solar power , SolarArise , ThomasLloyd |
Greenko plans to buy Skeiron in Rs 3,500 crore dealBy : Sustainability ..., Oct 9, 2018
The Greenko group, backed by sovereign wealth funds GIC Holdings Pte Ltd and Abu Dhabi Investment Authority, is in talks with Skeiron Renewable Energy to acquire 385 megawatt (MW) of wind... Read more.. |