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STATKRAFT INDIA ACQUISITION
Big Four firms raise the bar with top-dollar mandatesIndian branches of major accounting firms are now actively pursuing large M&A deals exceeding $500 million. These firms are leveraging thei...
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...
Bhilwara Energy signs pact to acquire 76 MW hydro project in UttarakhandLNJ Bhilwara Group, through its subsidiary Bhilwara Energy, has agreed to acquire a 100% stake in Mandakini Jal Urja, the entity constructi...
JSW Neo buys Statkraft hydro power unit in Himachal for ₹ 1,727 croreJSW Neo Energy has acquired Statkraft's hydro power unit in Himachal Pradesh for ₹1,727 crore, marking Statkraft's exit from India. This ac...
JSW Neo frontrunner to acquire Statkraft's HP hydro power unitJSW Neo Energy is likely to acquire Statkraft's Himachal Pradesh hydro power unit, offering ₹1,200-1,400 crore. This acquisition is part of...
Serentica buys Statkraft's India solar power bizSerentica Renewables, backed by KKR, has acquired Statkraft's 1.5 gigawatts solar power generation business in Rajasthan, India. The deal, ...
KKR-backed Serentica to buy Statkraft's solar power business for Rs 1,942-2,207 crSerentica Renewables, backed by KKR, has acquired Statkraft's solar power business in India. The deal is valued between $220-250 million. S...
Waaree-Enel Green Power deal nears collapse amid disputes over unmet conditionsWaaree Energies’ planned acquisition of Enel Green Power India is close to falling apart due to disagreements over unmet conditions in thei...
Blackstone enters race for Statkraft’s India exitBlackstone has made a $1.5 billion offer for Statkraft India. This marks Blackstone's first renewable energy acquisition evaluation in Indi...
Serentica, BlackRock, Sembcorp lead the race to buy Statkraft IndiaSerentica Renewables, BlackRock, and Sembcorp are leading the acquisition race for Statkraft's Indian arm, submitting bids between $1.2-$1....
Norway's Statkraft looks to sell India assets for $2 billionNorwegian utility Statkraft hired EY to facilitate the $2 billion sale of its Indian hydro and solar power assets. The company plans to pri...
Statkraft India head Rahul Varshney quitsRahul Varshney has left Europe's largest renewable power generator Statkraft after 15 years of leadership in India. Statkraft, owned by Nor...
Eversource Capital, JSW Neo shortlisted for buyout of Continuum Green EnergyThe two bidders were among five that submitted non-binding indicative offers in early April. They will now conduct due diligence on the com...
Global solar sector sees 190 per cent jump in corporate funding to USD 22.8 billion: ReportAccording to Mercom Capital Group CEO Raj Prabhu, the solar project acquisitions in the first 9 months of 2021 have surpassed all of 2020.