Two former senior officials of Ostro Energy are planning to float a new venture to set up renewable energy projects across India. The new venture is reportedly taking shape inContinue 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
In April, ReNew Power Ventures had acquired Ostro Energy at an enterprise value of $1.5 billion, in India’s largest renewable energy deal. Backed by Actis, Ranjit Gupta and Murali Subramanian,Continue Reading
Re-New Power Ventures has finalised the takeover of Ostro Energy for an enterprise value of ₹10,800 crore ($1.66 billion), the biggest M&A deal in the renewables sector. This deal isContinue Reading
Stung by rising competition and missed opportunities in several of the recent solar and wind energy auctions, one of India’s leading renewable energy IPPs is aggressively exploring inorganic growth options.Continue Reading
