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O2 Power, Ayana After Azure Power Global Solar Assets (Int'l. M&A)
O2 Power, Ayana Renewable Power
Date: 2020-09-28
India's O2 Power and Ayana Renewable Power have reportedly emerged as the front-runners to acquire Azure Power Global's 305 MW rooftop solar assets valued at in a potential deal valued at roughly $200 million. The deal is reportedly backed by International Finance Corporation (IFC) and Canadian pension fund Caisse de depot et placement du Quebec (CDPQ).

O2 Power is a $500-million renewable energy platform with an 800 MW solar portfolio in Andhra Pradesh and Rajasthan, according to the company website. (Source: O2 Power, Mint, 27 Sept., 2020) Contact: Azure Power, Ranjit Gupta, CEO, +91-11-4940-9854, pr@azurepower.com, www.azurepower.com; O2 Power, info@O2power.in, www.O2power.in; Ayana Renewable Power, +9180-48511001, www.ayanapower.com

More Low-Carbon Energy News O2 Power,  Ayana,  Azure Power,  Solar,  


Joint $330Mn Investment in Indian Renewables Announced (Int'l)
CDC Group
Date: 2019-03-08
EverSource Capital, National Investment and Infrastructure Fund of India (NIIF) and Ayana Renewable Power are reporting plans to jointly invest $330 million in Indian renewable energy projects. The three group also intend to invest a further $1.7 billion in Indian and neighboring countries power generation, power transmission and distribution, transport, the gas midstream, and the water sector over the next three years.

The launch fund would be called the Green Growth Equity Fund (GGEF). The UK government and India's National Investment and Infrastructure Fund (NIIF) will be joint anchor investors in GGEF with a commitment of £ 120 million each.

The London-headquartered CDC is the UK's development finance institution that supports companies that help poor countries grow. (Source: CDC Group, Mercom India, Mar., 2019) Contact: CDC Group, Srini Nagarajan, Head of CDC Asia, +44 (0)20 7963 4700, +44 (0)20 7963 4750 - fax, enquiries@cdcgroup.com, www.cdcgroup.com/en

More Low-Carbon Energy News India Renewable Energy,  CDC Group,  ,  

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