Stay updated with breaking news from Tpg Capital. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Petronas owns Amplus Solar in India that has an operating portfolio of 1.5 GW of renewable assets. Vitol owns around 1.2 GW of renewable assets, while Indonesia-based Sun Energy has installed over 280 MW of renewable power capacity for corporate clients. Norfund, a Norway government sponsored investment fund, which invested $100 million in the company in 2021, will continue to hold its stake, the source added.
Domestic companies are increasingly snapping up local assets on the block, often beating private equity firms, a trend expected to continue on the back of ......
Several global funds, including Blackstone, Carlyle, PAG, CVC Capital, BPEA EQT, Brookfield Asset Management, and Apax Partners, are interested in acquiring Hyderabad-based pharmaceutical company Sai Life Sciences. The company is currently valued at $800 million, but it is expected to be valued at around $500 million.
The IPO comprises a fresh issue of equity shares aggregating up to Rs 225 crore and an Offer For Sale (OFS) of over 1.72 crore equity shares by promoters and other shareholders, according to the Draft Red Herring Prospectus (DRHP).
The Texas, US-headquartered company Thursday said the investment will go into hiring and centre operating expenses over the next four years to drive a strong growth trajectory in the country.