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Azure Power Announces Results for Fiscal Fourth Quarter 2021

Azure Power Announces Results for Fiscal Fourth Quarter 2021
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Azure Power Global Limited (AZRE) Q4 2021 Earnings Call Transcript

Azure Power Global Limited (AZRE) Q4 2021 Earnings Call Transcript
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Azure Power Announces Results for Fiscal Fourth Quarter 2021

Azure Power Announces Results for Fiscal Fourth Quarter 2021
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

New York , United States , Plaines Wilhems , Pawan Kumar Agrawal , Vikas Bansal , Akriti Gandotra , Deepak Malhotra , Kuldeep Jain , Kapil Kumar , Ranjit Gupta , Gaurang Sethi , Cyril Sebastien Dominique Cabanes , Supriya Prakash Sen , Arno Harris , Samitla Subba , Sarveshk Singh , Jane Lun Leung , Muhammad Khalid Peyrye , Federal Reserve Bank , Azure Power India Private , Loss On Foreign Currency Exchange , Azure Power Global , Exchange Commission , Azure Power Global Limited , Service Tax , Gain Loss On Foreign Currency Exchange ,

Azure Power sells rooftop solar business to Radiance Renewables

Azure Power sells rooftop solar business to Radiance Renewables
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Azure Power Sells Non-core Solar Rooftop Portfolio to Radiance Renewables; Transaction Expected to Improve Overall Cost Structure and be Value Accretive

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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 India s leading providers of competitive renewable energy solutions for commercial, industrial and residential customers and a 100% subsidiary of the Green Growth Equity Fund ( GGEF ), India s leading Climate fund, managed by EverSource Capital, for a total consideration of INR 5,365 million (US$ 73.5 million
1) subject to purchase price adjustments. The rooftop portfolio generated INR 331 million (US$ 4.5 million
1) in EBITDA for the 12 months ending December 30, 2020. After excluding rooftop revenues, our new FY 22 revenue guidance is INR 17,200 – 18,200 million (or US$ 236 - $249 million ....

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