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April 16, 2021
Geothermal Power Market Analysis, Promising Growth Opportunities and Outlook 2019-2026 India possesses significant growth potential due to increase in investments in renewable energy projects in India. Thus, India is one of the major countries experiencing rapid growth in the Asia-Pacific geothermal power market. tusharApril 16, 2021 2 The geothermal power market growth is driven by rise in investment in renewable energy projects in the region. Moreover, significant increase in energy demand...
April 8, 2021
IL&FS sells waste management business to Everstone arm; to reduce Rs 1,200 crore debt The crippled IL&FS - which is under bankruptcy proceedings in NCLT - said the sale will reduce its overall debt by Rs 1,200 crore, which is the combined debt of entities under the groups environment businesses PTI | April 8, 2021 | Updated 10:22 IST Bankrupt Infrastructure Leasing & Financial Services (IL&FS) has sold the entire stake in the waste management arm IL&FS Environmental Infrastructure & Services (...
April 7, 2021
EverEnviro acquires IL&FS Environmental Infrastructure & Services Ltd April 07, 2021 The financial terms of the deal were not disclosed EverEnviro Resource Management Pvt Ltd, a wholly-owned subsidiary of Green Growth Equity Fund (GGEF), has acquired the entire stake of integrated waste management company, IL&FS Environmental Infrastructure & Services Ltd (IEISL). The financial terms of the deal were not disclosed. This deal, one of the largest in municipal solid waste management (MSW) in Indi...
April 7, 2021
IL&FS sells environment business; to pare Rs 1,200 crore of debt Top Searches IL&FS sells environment business; to pare Rs 1,200 crore of debt PTI / Updated: Apr 7, 2021, 19:38 IST FacebookTwitterLinkedinEMail MUMBAI: Debt-laden Infrastructure Leasing and Financial Services (IL&FS) on Wednesday said it has sold its entire stake in IL&FS Environmental Infrastructure & Services (IEISL) and its subsidiaries to EverEnviro Resource Management Private (EverEnviro). This sale will reduce IL&FSs overa...
April 5, 2021
Share this article Share this article NEW DELHI, April 5, 2021 /PRNewswire/ -- Azure Power Global Limited, a leading solar power producer in India, announced it has signed a binding agreement to sell its non-core solar rooftop portfolio to Radiance Renewables Pvt. Ltd. (Radiance), one of Indias leading providers of competitive renewable energy solutions for commercial, industrial and residential customers and a 100% subsidiary of the Green Growth Equity Fund ("GGEF"), Indias leading Climate fun...
April 5, 2021
April 05, 2021 The deal covers 152.5 MW of assets Mumbai-based Radiance Renewables Pvt Ltd, a wholly-owned subsidiary of Green Growth Equity Fund (GGEF), has entered into an agreement to acquire Azure Power Global Ltd’s solar rooftop assets for ₹536.5 crore. The assets are based in India, while the deal covers 152.5 MW of assets including 8.1 MW that is under construction and 18.5 MW that was recently commissioned. Following this acquisition, Radiance will be able service high-quality custo...
February 25, 2021
SHV, NIIF look to buy stake in Fourth Partner Energy Fourth Partner Energy (4PEL) is building solar parks in Uttar Pradesh, Maharashtra and Tamil Nadu.bloomberg 1 min read Share Via Read Full Story Netherlands’ SHV Energy and India’s quasi-sovereign wealth fund National Investment and Infrastructure Fund (NIIF) are separately looking to buy a stake in Hyderabad-based Fourth Partner Energy (4PEL) for about $150 million, two people aware of the development said. Fourth Partner Energy focuses ...
February 25, 2021
India: Netherlands’ SHV, NIIF eye stake in Fourth Partner Energy Photo: Pixabay February 25, 2021 Netherlands’ SHV Energy and India’s quasi-sovereign wealth fund National Investment and Infrastructure Fund (NIIF) are separately looking to buy a stake in Hyderabad-based Fourth Partner Energy (4PEL) for about $150 million, two people aware of the development said. Fourth Partner Energy focuses on the commercial and industrial (C&I) segment and has an operational portfolio of 400MW. It is bu...
February 18, 2021
WABAG secures Financial Closure of NMCG Project and ties up Investment Partner Posted On: 2021-02-17 11:34:56 (Time Zone: Arizona, USA) VA TECH WABAG LIMITED (WABAG), a leading Pure Play Water Technology Indian Multinational Company has completed the Financial Closure for its Hybrid Annuity Model (HAM) project received from Kolkata Metropolitan Development Authority (KMDA). WABAG had earlier signed a Rs. 575 Crore HAM concession agreement under the Namami Gange programme administered by th...
February 18, 2021
VA TECH WABAG Ltd (WABAG), a leading pure play water technology company, announced financial closure for its Hybrid Annuity Model (HAM) project received from Kolkata Metropolitan Development Authority (KMDA). The project debt requirement will be funded by a consortium of International Finance Corporation (IFC) and Tata Cleantech Capital Limited (TCCL) WABAG had earlier signed a Rs 575 crore HAM concession agreement under the Namami Gange programme administered by the National Mission for Clea...