Statkraft leads bid for Continuum Wind Energy Ltd
Statkraft AS has been leading the race to acquire Continuum Wind Energy Ltd in India.
Statkraft is now the only contender to acquire Continuum Wind, a wind energy platform owned by Morgan Stanley Infrastructure Partners. Statkraft is currently carrying out due diligence on the target’s portfolio.
Continuum has over 700 MW of operational wind farms spread across Maharashtra, Tamil Nadu, Gujarat, Madhya Pradesh and Telangana.
Country updates
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October 17, 2019
Avyan Renewable buys 31% stake in solar installer SunEdison Infrastructure
Avyan Renewable Solar’s acquisition in SunEdison Infrastructure was reduced. The company will now acquire 13,91,896 equity shares representing 31% of the equity share capital of SunEdison. Init...
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October 14, 2019
Shell buys 20% share in Orb Energy
Royal Dutch Shell Plc took a 20% stake in Indian solar firm Orb Energy Pvt Ltd. as part of a drive to deliver a reliable source of electricity to 100 million people in the developing world by 2030. O...
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October 14, 2019
JSW in exclusive talks with GMR Energy to acquire 1050 MW Kamalanga coal-based power project in Dhenkanal
JSW Energy Ltd has entered into exclusive talks with GMR Energy Ltd for buying out its thermal power plant Kamalanga. Located in Dhenkanal district of Odisha, Kamalanga is a 1050 megawatt (MW) coal b...
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October 08, 2019
Adani Transmission acquires Bikaner-Khetri project in Rajasthan
Adani Transmission Limited (ATL) has signed a share purchase agreement and completed the acquisition of the special purpose vehicle of Bikaner-Khetri Transmission Limited (BKTL), incorporated by PFC C...
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October 02, 2019
Masdar sets to acquire Hero Future Energies 20% stakes
Abu Dhabi Future Energy Company PJSC, also known as Masdar, is set to acquire a 20% stake in Hero Future Energies(HFE), a unit of Hero Group for a total investment of US$150 million. HFE c...
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