Azure Power
General
Grapevine: Sugar Cosmetics' VC backers eye exit; Azure Power may change hands
India-focused Malabar Investments is reportedly in discussions to acquire a stake in Mumbai-based Sugar Cosmetics through a secondary transaction worth ......
Finance
IndInfravit backer Omers names new Asia-Pacific head
Ontario Municipal Employees Retirement System (Omers), which is one of the largest Canadian pension funds and has around $91.5 billion ......
Infrastructure
After Fitch, now Moody's downgrades Azure Power's bond rating
Ratings giant Moody's Investors Service has cut its bond rating for CDPQ-backed Azure Power to 'Ba3' from 'Ba2', a day ......
Finance
Fitch downgrades Azure Power's bond rating
Fitch Ratings has downgraded CDPQ-backed Azure Power Energy’s (Azure RG3) US dollar bond to ‘BB’ from ‘BB+’ on corporate governance ......
Infrastructure
OMERS Infra to buy 19.4% stake in Azure Power from IFC
Canada’s OMERS Infrastructure has signed a stock purchase agreement to acquire an approximately 19.4% stake in Azure Power Global Limited ......
Infrastructure
Azure Power now has better access to capital than ever: CEO Ranjit Gupta
Indian solar energy producer Azure Power, which has so far followed an organic route, is on track to reach a ......
Infrastructure
Radiance Renewables acquires 152 MW of solar rooftop assets from Azure Power
Radiance Renewables today announced that it has signed an agreement with Azure Power Global to acquire solar rooftop assets of ......
People
Michael Sabia, who oversaw CDPQ's aggressive India foray, to step down as CEO
Michael Sabia, the longest-serving boss of the Caisse de dépôt et placement du Québec (CDPQ), Canada’s second-largest pension fund, will ......
Infrastructure
CDPQ rejigs India energy portfolio, logs out of power platform
Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) has exited its sole Indian thermal power investment, as ......
Finance
Valuation the biggest challenge for investing in India: Proparco's Philippe Serres
Proparco SA, the private-sector financing arm of French development finance institution Agence Francaise de Development, has committed around half-a-billion dollars ......