Ecoppia Scientific Ltd, an Israeli producer of solar panel cleaning robots, will deliver its robots to another Sprng Energy project, an Indian renewable energy platform controlled by investment firm Actis.Continue Reading
ArcelorMittal has entered a bidding war with Shell, Adani Group, Singapore’s Sembcorp Energy, and Canadian pension fund CPPIB to purchase Sprng Energy, Actis’ India subsidiary. This might be the firstContinue Reading
The total value of acquisitions in India’s renewable energy sector increased by more than 300 percent to $6 billion in the first ten months of 2021 (till October) from lessContinue Reading
According to various sources familiar with the subject, Azure Power, Macquarie, KKR, and ReNew Power are among the firms considering an offer for Actis-owned renewable energy provider Sprng Energy. AccordingContinue Reading
Actis intends to divest its Indian renewable energy platform Sprng Energy in 2022. Sprng Energy’s portfolio amounts to 1,741.5 MW of total capacity, including 194 MW of solar parks inContinue Reading
Engie Solar, which has an 810 megawatt (MW) solar portfolio in India, has hired Rothschild and Co. to find a buyer for the assets. Private equity (PE) fund Actis LlpContinue Reading
Shapoorji Pallonji Infrastructure Capital on Sunday said it has completed sale of 194 MW of operating solar portfolio to Sprng Energy, renewable energy arm of investment firm Actis. The transactionContinue Reading
Alternative investment firm Actis, the UK-based firm, which invests out of its global pool of capital, has invested $450 million in the alternative energy space in India in past year,Continue Reading
