Goldman Sachs is planning to sell its remaining 14% ownership in ReNew Energy Global to Canada Pension Plan Investment Board (CPPIB) for around $268 million. After the transaction, the pensionContinue Reading
Brookfield Asset Management, located in Canada, is trying to increase its presence in India’s renewable energy industry by acquiring a “substantial share” in Mahindra Susten, a solar power project developerContinue Reading
After paying the remaining Rs 1,583 crore for a 25.90% stake in Sterling and Wilson Renewable Energy Ltd (SWREL), Reliance New Energy Solar Ltd (RNESL) became the company’s promoter. RNESLContinue Reading
Volkswagen is selling a stake in Electrify America. It is looking for outside funds to build more infrastructure for battery-powered vehicles. It’s currently working with Citi to find a co-investorContinue Reading
Wind turbine manufacturer, Senvion, has sold its India business to the Saudi Arabia-based manufacturer of power equipment Alfanar. Alfanar completed the transaction through Global Renewable Energy Development Holding Company Limited,Continue Reading
Netherlands-based conglomerate SHV Energy, part of one of the largest global private trading groups SHV Holdings, has marked its foray into solar energy space by acquisition of a majority stakeContinue Reading
Indian Oil, the nation’s largest oil refiner and fossil fuel retailer is also India’s biggest hydrogen producer. However, it now aims to hive off some of its hydrogen-producing units andContinue Reading
Blue Leaf Energy Asia Pte Ltd (Blueleaf Energy) has acquired a majority stake in Vibrant Energy Holdings Pte Ltd (Vibrant Energy) from ATN International, Inc (ATN). Blueleaf Energy’s mission isContinue Reading
