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ACTIS RENEWABLE ENERGY
India's tougher grid rules unsettle investors, test clean energy ambitionsIndia's new power grid rules are causing concern among clean energy investors, who say stricter penalties for solar and wind projects would...
INOXGFL leads race for Vena's India biz buyout; Proposed deal may give Rs 4,500-5,000 crore enterprise valueINOXGFL Group is poised to acquire Vena Energy's Indian renewable energy business. The deal is valued between ₹4,500-5,000 crore. This move...
Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...
Actis picks Standard Chartered to kick off $2 billion sale of BluPineActis is selling its Indian renewable energy firm BluPine Energy. The company has a capacity of 4 gigawatts. Standard Chartered Bank is adv...
NIIF in talks with Temasek, leads race for $1.7 bn Sprng Energy buyActis, AV Birla Group & KKR are other contenders in fray, binding bids in coming days.
Jindal Renewables, INOXGFL in Race for GIP's Vena IndiaThe potential bidders are currently undertaking due diligence of the asset, and binding bids are expected by next month, the people said. G...
Actis' Athena Renewable Energy draws SEIT, IndiGrid, Anzen InvIT bidsThe interested bidders include SEIT, the energy InvIT sponsored by Mahindra Susten; IndiGrid, backed by KKR; and Anzen InvIT, sponsored by ...
Actis puts on block Indian green energy unit AthenaUK-based Actis is reportedly looking to exit its Indian renewable energy platform, Athena Renewable Energy, for an enterprise value of arou...
BluPine raises Rs 5,400 cr loan underwritten by Axis BankBluPine Energy, backed by Actis, has secured a significant ₹5,400 crore loan from Axis Bank. This long-term financing will support its rene...
Green shoots to greenbacks: Actis eyes BluPine saleActis, a UK-based firm, might sell its stake in BluPine Energy. The deal could value the renewable energy platform at $1.3-1.4 billion. Act...
Actis unit BluPine buys Acme solar assets for enterprise value of Rs 1,700 crBluPine Energy, a subsidiary of Actis, has acquired solar power assets from Acme Group for an enterprise value of ₹1,700 crore. The deal, i...
Green hydrogen to be a focus area: Actis PEGreen hydrogen is produced by splitting water into hydrogen and oxygen using electrolyzers. Over the past few months, several Indian compan...
Shell to acquire Sprng Energy for $1.5 billionAn important part of this strategy is to develop a best-in-class integrated power business, which will help Shell to reach its target of be...
Azure Power, 3 others looking to bid for Actis-owned Sprng EnergyThe company has plans to develop a portfolio of 9 GW of renewable energy, which predominantly comprises solar power generation, according t...
Actis raises $4.7 billion for new fund, will deploy $850 million in IndiaEarlier in 2018, Actis sold its clean energy platform Ostro Energy to ReNew Power Ventures. Now it is planning to sell Sprng Energy.
Inside private equity firm Actis' big India plan, as decoded by Sanjiv Aggarwal, partner - energyHaving NTPC and SECI (Solar Energy Corporation of India) as intermediaries has given a lot of comfort to investors; it is good for Actis bu...
Actis plans to sell green energy platform Sprng in 2022; to invest $1 billion in India by FY26“Actis will look to sell the Sprng business in 2022. By then, we should have 2,000-2,400 mw of operating capacity. I can’t talk about the v...
Actis completes Acme's 400 MW assets buyoutThe deal was signed at an enterprise value of Rs.2300 crore, said sources. It is one of the largest deals in Indian renewable sector since ...
Actis in talks to buy solar assets of ShapoorjiThe transaction will be through its renewable energy platform, Spring Energy, where it has already invested close to $450 million. Actis is...
Actis could step up investments in India’s green energy spaceActis recently raised $2.7 billion to invest in the energy space and is expected to make larger allocation to India.