Data centre operator CyrusOne plans potential 2027 IPO, banks pitch for roles, sources sayThe private equity firms met investment banks including Goldman Sachs and Morgan Stanley last week and the banks pitched for roles on the...
10 Aug, 2026, 04.29 PM IST
Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: WSJThe power for the project is controlled by the US government and funded separately by Japan under a recent trade deal, with US Commerce S...
27 Jul, 2026, 06.54 PM IST
Data center firm Switch taps banks for IPO that could value it up to $80 billionData center operator Switch is preparing for a significant initial public offering. This offering could potentially raise up to ten billion...
14 Jul, 2026, 09.02 PM IST
Aditya Birla lines up Rs 15,000 crore loan for Sprng Energy bidAditya Birla Group is reportedly in advanced talks to acquire Shell's Indian renewable energy arm, Sprng Energy, for a substantial sum. Sta...
26 Jun, 2026, 05.30 AM IST
SoftBank group shares surge almost 20% on OpenAI, SB Energy IPOsSoftBank Group stocks have surged significantly. This rise follows reports that two SoftBank-backed companies, OpenAI and SB Energy, are pr...
21 May, 2026, 09.04 AM IST
OpenAI, SoftBank invest $1 billion in Stargate partner SB EnergyOpenAI and SoftBank will each invest $500 million in SB Energy to support the energy firm’s growth as a data center developer and operator,...
10 Jan, 2026, 07.28 AM IST
Adani Green to raise $600 million via offshore bondsAdani Green recently took charge of two renewable projects of an estimated 1.7 GW capacity from SB Energy. Those projects are at an early s...
09 Aug, 2021, 07.29 AM IST
India's Adani Green Energy to buy SB Energy Holdings in $3.5 billion dealDeal to include $2.9 bn debt, capex; Softbank, Bharti to exit at a loss while Adani gets closer to 25 GW by 2025 target.
20 May, 2021, 06.42 AM IST
Adani Green circles around SB Energy for a buyout after CPPIB drops offThe due diligence by Adani Geen Energy Ltd, (AGEL), has begun though the final valuations have not been fixed yet, sources said.
16 May, 2021, 05.23 PM IST
ET exclusive: Softbank scraps renewable deal with CPPIB, to continue running SB Energy with BhartiDifferences over valuations, CPs, rights for minority shareholder scuppered months of negotiations; team informed this morning. Move seen a...
13 May, 2021, 11.28 PM IST
CPPIB to acquire SoftBank’s 80% in SB Energy for $425 millionThe sale price is much below the $800 million book value or equity invested in the high-profile joint venture and a far cry from the $1.2 b...
30 Dec, 2020, 09.10 AM IST
CPPIB edges ahead in race for SoftBank stake in SB EnergyCPPIB, one of the world’s biggest retirement funds, has entered into exclusive negotiations with SoftBank Group International to acquire it...
24 Oct, 2020, 06.47 AM IST
Softbank-Bharti green energy JV taps Brookfield for up to $600 million fundsThe need for funds is immediate and so they are open to various structures, said a global clean tech investor. However, most industry parti...
01 Jul, 2020, 08.50 AM IST
SoftBank-Bharti JV eyes up to $750 million fund-raiseSB Energy, renewable energy arm of SoftBank, has mandated Bank of America Merrill Lynch and Barclays to help raise $500-$750 million in SBG...
29 May, 2020, 11.32 AM IST
Softbank India appoints Manoj Kohli as country headThe move comes after a nearly five-year stint as the chairman of the Japanese telecom and investment giant’s renewable energy business SB E...
22 Jan, 2020, 10.03 AM IST
Japan cautions Andhra Pradesh against reworking green power pactsThe ambassador’s missive to Jaganmohan Reddy comes on the heels of similar letters from power minister RK Singh.
14 Aug, 2019, 07.08 AM IST
SoftBank, IL&FS team up to power 20 GW solar parksSB Energy, the power and energy investment arm of SoftBank, and IL&FS’ wholly owned IL&FS Energy unit have agreed to jointly develop grid-c...
28 May, 2018, 07.35 AM IST