Reliance enters deal to acquire 40% stake in Sterling and Wilson
Indian conglomerate Reliance Industries Ltd, through Reliance New Energy Solar Ltd, has entered into a definitive deal to acquire a 40% stake in Sterling and Wilson Solar Ltd.
Sterling and Wilson is a joint venture between Shapoorji Pallonji and Company Pvt Ltd (SPCPL) and the Khurshed Yazdi Daruvala family. It is focused on delivering engineering, procurement, and construction (EPC) and operations and maintenance (O&M) services to solar projects.
The deal is pending regulatory approval.
Country updates
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October 13, 2021
Senvion India wins 591 MW turbine deal
Senvion has been awarded a 591 MW project to deliver wind turbines for JSW Energy. Senvion turbines will be deployed in JSW Energy’s ongoing pipeline of 2.5 GW of renewable projects which are un...
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October 11, 2021
AGEL finalizes acquisition of SB Energy India
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October 08, 2021
Adani Green Energy to acquire 40 MW operational solar asset in Odisha
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October 06, 2021
KKR-sponsored Virescent InvIT raises USD62 million
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September 17, 2021
ReNew Power commissions 250 MW solar project in India
ReNew Power has commissioned the 250 MW capacity of its Interstate Transmission System (ISTS) solar generation project, located in Rajasthan, India.
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