Macquarie Capital and Siemens have formed a joint venture to finance and build distributed energy projects. The partnership will be called Calibrant Energy. It will initially focus its ‘energy-as-a-service’ model (EaaS) in the United States, where corporate and industrial customers have become heavyweight renewables buyers as they seek to reachContinue Reading
Ontario-based Canadian Solar is looking to sell its India solar power assets to Sydney -based infrastructure asset management group Macquarie Group Ltd. Macquarie may have to shell out ₹1,000 crore for these assets at a valuation of ₹6-6.5 crore for each MW. Canadian Solar is a global energy provider withContinue Reading
Goldman Sachs is interested in divesting some stake in ReNew Power. Some investors, including Macquarie, are looking at it. The interest in India’s largest clean energy company backed by Goldman Sachs comes in the backdrop of a reported deferment of ReNew Power’s initial public offering (IPO). The company planned toContinue Reading
Hindustan Powerprojects Limited is planning to sell off some of its solar power assets to Macquarie Asia Infrastructure Fund (MAIF) as the former looks to expand its solar base globally. Hindustan Powerprojects confirmed the development. Hindustan Powerprojects has less than 300 megawatts of operational solar power capacity in India withContinue Reading
British solar power projects developer Lightsource Renewable Energy and Australian bank Macquarie will jointly fund the development of large solar power projects in India, the bank said on Monday. As part of the venture, Macquarie’s UK Climate Investments will provide 49 percent of the equity for the construction of theContinue Reading
