Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


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,  


KKR, Actis Pursuing Indian Solar Assets (Int'l. M&A)
KKR,Actis,Caisse de depot et placement du Quebec,Azure Power
Date: 2020-07-07
Private equity investors KKR and London-based Actis are reportedly in talks to acquire a solar portfolio of 435 MW from Canadian province of Quebec's pension fund Caisse de depot et placement du Quebec (CDPQ) -- backed Azure Power Global Ltd., at an expected cost of roughly $200-250 million.

CDPQ holds a 50.9 pct stake in Azure Power which has a pan-India portfolio of more than 7 GW.

Actis is a global emerging markets investment firm focused on the private equity, energy, infrastructure, and real estate asset classes. It has a growing portfolio of investments across Asia, Africa, and Latin America and US$12 billion in assets under management. (Source: CDPQ, livemint, July, 2020) Contact: KKR, www.kkr.com; Actis. www.actis.is; Azure Power, www.azurepower.com; CDPQ, 514 847-5493, www.cdpq.com

More Low-Carbon Energy News Caisse de depot et placement du Quebec ,  Solar,  Azure Power ,  


Azure Power Raises $75Mn from Quebec Pension Fund (Int'l Report)
Azure Power
Date: 2019-12-20
New Delhi-based independent Indian solar power producer Azure Power Global Limited is reporting closure of its previously announced $75 million (US) private placement.

The total was raised from Canadian pension fund Caisse de depot et placement du Quebec (CDPQ) through sale of 6,493,506 equity shares at $11.55 per share. CDPQ's equity interest in Azure Power now stands at 49.4 pct. Azure Power has a pan-India portfolio of more than 3 GW. (Source: Azure Power, PV Mag., 17 Dec., 2019) Contact: Azure Power, Ranjit Gupta, CEO, +91-11-4940-9854, pr@azurepower.com, www.azurepower.com

More Low-Carbon Energy News Azure Power,  Solar,  


Azure Power Commissions 150 MW Indian Solar Project (Int'l Report)
Azure Power
Date: 2019-05-01
In New Delhi, Indian solar power specialist Azure Power reports commissioning of a 150 MW solar power plant in Bhadla solar park in Rajasthan. This section is the first phase of 200 MWs allocated to Azure Power by Solar Energy Corporation of India (SECI), a Government of India enterprise. Azure Power will supply power to SECI under a 25-yera PPA.

With this project commissioned, Azure Power has 1600 MWs of high-quality operational solar assets. In 2015, Azure developed the first-ever SECI solar power plant in the state of Rajasthan, which was also the largest solar power project under India's National Solar Mission at the time of its commissioning. (Source: Azure Power, PR, 30 April, 2019) Contact: Azure Power, Inderpreet Wadhwa, CEO, Samitla Subba, +91-11-4940-9854, pr@azurepower.com, www.azurepower.com

More Low-Carbon Energy News Azure Power,  Solar,  India Solar,  


Azure Power's Solar Portfolio Exceeds 2 Gigawatt (Int'l)
Azure Power
Date: 2018-05-23
New Delhi-based independent Indian solar power producer Azure Power is reporting winning four 50 MW solar projects totaling 200 MWs in the state of Maharashtra. The solar power project was auctioned by Maharashtra State Power Generation Co. Ltd. (Mahagenco), the second highest generation company in India, which is owned by the Government of Maharashtra. The project is expected to be completed and commissioned in 2019.

With the addition of these these 200 MWs, Azure Power's total portfolio now exceeds 2 GW. (Source: Azure Power, PR, 22 May, 2018) Contact: Azure Power Global, +91 11 4940 9800, www.azurepower.com

More Low-Carbon Energy News Azure Power,  Solar,  

Showing 1 to 5 of 5.