Petronas
General
Grapevine: Edelweiss Alts' Sekura buys 350 MW project; Pratilipi eyes IPO
Sekura Energy, the energy platform of Edelweiss Alternatives, has acquired 350 MW of operational assets from O2 Power in Madhya Pradesh, ......
General
Grapevine: LG Electronics mulls Indian unit IPO; Bluestone eyes unicorn status
LG Electronics has engaged JP Morgan and Morgan Stanley to evaluate a potential IPO of its Indian unit, LG Electronics ......
Infrastructure
Atria Power looks for new investors after talks with Asian fund collapse
Bengaluru-based Atria Power, which operates multiple wind, hydro and solar projects, is in the early stages of discussion with financial ......
Infrastructure
Sovereign fund-backed firm, others in fray to bet on Ayana Renewable
A clean energy company backed by a West Asian sovereign wealth fund and a Southeast Asian firm are among the ......
Manufacturing
Petronas unit, GIC to invest in Greenko founders' green ammonia business
Gentari Sdn Bhd and GIC Holdings Pte Ltd will invest $1.75 billion in AM Green Ammonia Holdings, a company owned ......
TMT
Petronas-backed EV cell maker Log9 flags production hit, plans new funding round
Log9 Materials, India's first lithium-ion battery manufacturer, warned production at its facility in Bengaluru could take a hit from the ......
Infrastructure
Amplus Solar's Abhishek Goyal on doubling capacity, policy woes and more
In April 2019, Malaysian state-owned oil and gas company Petronas acquired Singapore-based solar energy company Amplus Solar from private equity firm I Squared Capital for an estimated $391 million (Rs 2,700 ......
General
Grapevine: BP eyes Greenko founders' platform; Himadri may buy into Australian firm
BP is in the race with Malaysia’s state-run energy giant Petroliam Nasional Bhd (Petronas) to pick up a minority stake ......
Infrastructure
NTPC may divest 25% of green energy arm via IPO as Petronas withdraws offer
India's largest power producer NTPC Ltd is likely to divest 25% of its green energy arm through a public offering ......
Infrastructure
Malaysia's Petronas offers $460 mn for stake in NTPC's green arm
Malaysia's Petronas has offered 38 billion rupees ($460 million) to buy a 20% stake in the green energy arm of ......
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