Why Malaysia’s Petronas paid a premium to buy Acme Solar’s assets
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Why Malaysia’s Petronas paid a premium to buy Acme Solar’s assets

By Aman Malik

  • 18 Sep 2020
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Why Malaysia’s Petronas paid a premium to buy Acme Solar’s assets
Credit: VCCircle

Malaysian state-run oil giant Petronas has acquired two solar power plants from Acme Solar Holdings Ltd, paying a higher valuation for the assets than other recent deals in India as it expands its renewable energy business. Petronas, via unit Amplus Energy Solutions, bought the power plants in a deal valued at ......

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