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SIEMENS GAMESA ACQUISITION
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...
CalPERS, Enam among investors eyeing stake in Inox Clean EnergyMajor investors are set to acquire a stake in Inox Clean Energy. This deal values the renewable energy firm at over $5 billion. The investm...
Former JSW Energy CFO Pritesh Vinay to helm Vayona EnergyPritesh Vinay, former JSW Energy CFO, will lead Vayona Energy as its new CEO. Vayona Energy was previously Siemens Gamesa's onshore wind tu...
TPG, Murugappa-backed consortium launches Vayona Energy after acquiring Siemens Gamesa’s onshore wind businessSiemens Gamesa's onshore wind business in India and Sri Lanka has been rebranded as Vayona Energy following its acquisition by a consortium...
Ex-KPMG deals co-head Manish Aggarwal joins DeloitteManish Aggarwal, formerly co-head of deal advisory at KPMG, has joined Deloitte in a senior leadership role to spearhead the firm's expansi...
TPG-led consortium seeks CCI nod to acquire Siemens Gamesa's wind bizA big move in renewable energy sector is expected. TPG, Mavco Investments, and Prashant Jain plan to acquire Siemens Gamesa's wind business...
Murugappa Group 3-way split talks are back on trackMurugappa Group's promoters are actively working towards a new family settlement. The goal is to resolve disagreements and facilitate a thr...
This brokerage backs Suzlon shares despite a 31% fall in 6 months. Here’s whySuzlon Energy's shares have dropped 31% in the last 6 months, underperforming the Nifty 50 index. However, Motilal Oswal remains bullish, i...
TPG-led consortium set to acquire Siemens Gamesa Renewable Power for $500-550 millionTPG, along with Vellayan Subbiah and Prashant Jain, is set to acquire Siemens Gamesa Renewable Power's Indian wind energy assets for $500-5...
TPG is said in advanced talks to buy Siemens Gamesa India assetsTPG Inc. is in advanced discussions to acquire the Indian wind energy assets of Siemens Gamesa, potentially valuing them at over $300 milli...
INOX Wind: When promoters put in money in troubled business, it calls for deeper lookHow policy change impacted a well run company like INOX winds, while on face of it policy change was a death knell. But if one looks deeper...
We should be able to create significant value at INOX Green: Devansh JainWell that is on the IPP side of things and I do not think any of the IPPs barring possibly India’s largest IPP at this point in time have c...
Inox Green may appeal to long-term investors with a high risk appetiteAfter the IPO, the promoter stake will fall to 56% from 94%. The existing O&M business has grown at a 40% compounded annual growth rate sin...
ETtech Morning Dispatch on Feb. 3, 2021: Jeff Bezos to step down as Amazon CEO, Expanded 'Google Tax' in IndiaJeff Bezos will step down as Amazon CEO later this year, to be replaced by AWS' Andy Jassy. Closer home, 'Google Tax' will now cover more f...
Suzlon retains top wind equipment manufacturer rankIn 2017-18, too, Suzlon was the leading original equipment manufacturer (OEM) in India.
Debt-hit Suzlon Energy plans drastic steps to cut costs by 20% in FY13Burdened by mounting losses, Suzlon is gearing up to take drastic measures to reduce costs by 20% in the current financial year.