Shapoorji Pallonji divests its solar energy portfolio

Shapoorji Pallonji divests its solar energy portfolio

Last Modified: 28-Apr-2020 6:42 PM

Rs 2,341 crore
Amount owed by Shapoorji Pallonji infrastructure division to internal groups company and EPC arm Sterling and Wilson Solar as of Sep 2019.
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Solar energy projects with Shapoorji Pallonji as developer - 10 of which are operational (272 MW) and 4 under development (220 MW). (Click/Tap here for details).
$200 million
Actis through Sprng Energy, its renewable energy platform in India, acquires 194 MW of solar projects have been operational for more than a year. Out of the 194 MW, projects totaling 144 MW are located in Telangana and a 50 MW project in Rajasthan. (Click/Tap for details).
$200 million
Amount KKR agrees to pay to acquire 5 solar projects of 317 MW, ending months of negotiations.

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Posted by Renewables Numerical in Business & Industry

Tags Renewable Energy Solar Energy Shapoorji Pallonji Sprng Energy KKR Actis

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