Deal of the month: Taqa buying Jaypee Group’s two hydro power assets for $1.6B

Deal:  Abu Dhabi-headquartered Abu Dhabi National Energy, which operates under the banner of Taqa, joined hands with Canadian institutional investor Indo-Infra Inc and private equity firm IDFC Alternatives to buy two hydro power plants from Jaiprakash Power Ventures Ltd (JPVL). The equity value of the deal stands at $616 million ......