stake

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Supreme Court Clarifies Ownership, Consumption Terms for Captive Power Projects

In a recent ruling, the Supreme Court of India reaffirmed that a user who owns 26% of a captive power-generating project and utilizes 51% of its electricity could be...

October 11, 2023

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Rakesh Ranjan

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Market & Policy

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Solar
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Abu Dhabi’s IHC to Divest its Shares in Adani Renewable and Transmission Arms

Abu Dhabi’s International Holding Company PJSC (IHC) is set to divest its investments in Adani Green Energy and Adani Energy Solutions (formerly Adani...

September 29, 2023

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Arjun Joshi

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Other

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Renewable Energy
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TotalEnergies Sells Half of $300 Million Renewables Portfolio

France-based energy conglomerate TotalEnergies said it has sold 50% of a 234 MW portfolio of renewable projects to insurance group Crédit Agricole Assurances. The...

February 3, 2023

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Gourav Mishra

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Finance and M&A

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Other
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Eicher Motors to Acquire 10.3% Stake in E-Motorcycle Firm for €50 million

India-based automobile conglomerate and the parent company of Royal Enfield, Eicher Motors (EML), said it would acquire a 10.35% stake in European electric motorcycle...

December 30, 2022

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Gourav Mishra

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Electric Vehicles

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Finance and M&A
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Funding and M&A Roundup: Borrego Sells Solar and Storage Development Business to ECP

From: Mercom Capital Group TotalEnergies, a multinational integrated oil, and gas firm, signed an agreement with Global Infrastructure Partners (GIP) to acquire a 50%...

June 1, 2022

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Staff

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Finance and M&A

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Solar
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Project Finance Brief: Voltalia Sells Minority Stake in its 320 MW Solar Project in Brazil

From: Mercom Capital Group STOA Infra and Energy, an investment fund specialized in infrastructure projects, acquired a 33% equity stake in the SSM1&2 solar projects...

March 21, 2022

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Staff

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Finance and M&A

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Solar
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EV Company Altigreen Raises ₹3 Billion in Funding, Reliance Brings in ₹501.6 Million

Altigreen Propulsion Labs, a Bangalore-based commercial electric vehicle (EV) manufacturer, announced that it has raised ₹3 billion (~$40 million) in a Series A funding...

February 11, 2022

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Harsh Shukla

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Electric Vehicles

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Grid
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France’s Total Sells Stake in 338 MW of Solar and Wind Assets

French oil and gas major Total announced its plans to sell parts of its stake in its solar and wind farms to France-based Crédit Agricole Assurances and Banque des...

February 23, 2021

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Nithin Thomas

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Finance and M&A

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Renewable Energy
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French Oil and Gas Major Total to Acquire 20% Stake in Adani Green for $2.5 Billion

Total, a French oil and gas major, has acquired a 20% minority interest in Adani Green Energy (AGEL)  from Adani Group. The two partners agreed to the acquisition of a...

January 18, 2021

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Harsh Shukla

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Finance and M&A

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Other
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Singapore’s Solar Developer BlueLeaf Enters India with Majority Stake in Vibrant Energy

Blueleaf Energy, a Singapore-based renewable energy company, announced that it acquired a majority stake in an Indian clean energy solutions provider, Vibrate Energy...

November 30, 2020

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Harsh Shukla

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Finance and M&A

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Solar
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Battery Company Exide Increases its Stake to 80.15% in Energy Storage Subsidiary

Exide Industries Limited, an Indian battery manufacturer, said that it invested ₹331.7 million (~$4.49 million) in its subsidiary Exide Leclanche Energy Private Limited...

November 26, 2020

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Harsh Shukla

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Finance and M&A

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Other
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Tata Power’s Subsidiary Acquires 10% Stake in Netherland’s Hydro Developer ABV

Tata Power International Pte Ltd (TPIPL), a wholly-owned subsidiary of Tata Power Company Limited, has acquired a 10% equity stake in Adjaristqali Netherlands B.V. (ABV)...

May 21, 2020

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Anjana Parikh

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Finance and M&A

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Other
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CDPQ’s Share in Azure Power Rises to 50.9%

Caisse de dépôt et placement du Québec (CDPQ), one of Canada’s leading institutional investors, has acquired an additional 717,701 shares from a shareholder of Indian...

March 11, 2020

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Nithin Thomas

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Finance and M&A

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Solar
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Mahindra Renewables to Sell Three Subsidiaries to CLP India for ₹3.4 Billion

Mahindra & Mahindra Limited announced that its subsidiary, Mahindra Renewables Private Limited (MRPL), has agreed to sell its entire stake in three subsidiaries to...

February 24, 2020

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Anjana Parikh

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Finance and M&A

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Solar
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Shell Acquires 20% Stake in Solar Solutions Provider Orb Energy

Shell’s New Energies business has acquired nearly a 20% stake in Orb Energy, a solar solutions provider. According to a press statement issued by Orb, the new investment...

October 3, 2019

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Anjana Parikh

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Finance and M&A

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Solar

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