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 ......
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 ......
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
GAW, CapitaLand eye majority stake in renewables firm CleanMax
Hong Kong-based investor GAW Capital Partners and Singapore’s CapitaLand Investment Ltd, among others, are looking at a majority stake in ......
Infrastructure
Indian solar assets are fairly valued for the returns they generate: Amplus MD
Sanjeev Aggarwal ventured into the solar energy business in 2014, when interest in India’s renewable energy sector had only begun ......
Infrastructure
Petronas-owned Amplus wants to play the Indian renewables market cautiously
It was only in 2014, four years after setting up a fledgling venture that had failed to take off, that ......
Infrastructure
Why Malaysia's Petronas paid a premium to buy Acme Solar's assets
Malaysian state-run oil giant Petronas has acquired two solar power plants from Acme Solar Holdings Ltd, paying a higher valuation ......
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