equity

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Total to Invest $300 Million in a 50:50 Joint Venture with Adani Green

TotalEnergies, a French oil and gas major, will invest $300 million to form a new 50:50 joint venture with Adani Green Energy. The Board of Directors of Adani Green...

September 20, 2023

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Rakesh Ranjan

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Finance and M&A

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Solar
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Blackstone Completes $1 Billion Equity Investment in Invenergy Renewables

Investment firm Blackstone Infrastructure Partners have finalized an approximately $1 billion equity investment in sustainable energy solutions provider Invenergy...

June 22, 2023

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Arjun Joshi

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Finance and M&A

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Other

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Renewable Energy
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Government Floats Bids to Select Advertising Firm & Registrar for IREDA IPO

The Ministry of Finance has invited bids to select an advertising agency for listing and partial disinvestment of the Union government’s shareholding in the Indian...

May 17, 2023

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Rakesh Ranjan

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Finance and M&A

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Other

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Renewable Energy
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NextEra to Sell its Natural Gas Assets to Focus Solely on Renewables

U.S.-based energy firm NextEra Energy announced that it would focus solely on growing its renewable energy portfolio and sell off its STX Midstream and Meade natural gas...

May 9, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Renewable Energy Firm Silicon Ranch Raises $600 Million in Equity Capital

Nashville-based Silicon Ranch, a renewable energy developer, and battery storage solutions provider has conducted a $600 million equity raise to help accelerate its...

January 10, 2023

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Gautamee Hazarika

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Finance and M&A

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Other
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IREDA’s Loan Approvals for Renewables Swell by 89% QoQ in Q2 FY23

Indian Renewable Energy Development Agency (IREDA) has posted a profit of ₹1.84 billion (~$22.83 million) in the second quarter (Q2) of the financial year (FY) 2023,...

November 14, 2022

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Rakesh Ranjan

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Finance and M&A

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Other
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Wind Turbine Maker Suzlon’s ₹2.4 Billion Rights Issue Oversubscribed

Indian wind turbine maker Suzlon announced raising ₹12 billion (~$145.80 million) through a rights issue of 2.4 billion partly paid-up equity shares. The issue was...

October 21, 2022

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Gourav Mishra

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Finance and M&A

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Wind
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Tata Power Renewable Approves Sale of 83.6 Million Shares to BlackRock Mubadala JV

A wholly-owned subsidiary of Tata Power, Tata Power Renewable Energy Limited (TPREL), has approved the allotment of 83.6 million equity shares with a face value of ₹10...

August 19, 2022

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Gourav Mishra

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Finance and M&A

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Other
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Shapoorji Pallonji to Offload 1.25% Stake in Sterling and Wilson

Shapoorji Pallonji has proposed to sell 2,370,787 equity shares having a face value of ₹1 (~$0.013) each, amounting to a 1.25% equity it holds in its solar engineering...

August 12, 2022

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Arjun Joshi

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Finance and M&A

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Solar
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Longroad Energy to Invest $500 Million to Expand Wind, Solar and Storage Portfolio

U.S.-based renewable energy developer and holding company Longroad Energy Holdings has announced an equity investment of $500 million by MEAG, an asset management arm...

August 2, 2022

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Gourav Mishra

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Finance and M&A

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Other
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Websol Energy to Set Up a 1.8 GW Solar Cell and Module Manufacturing Plant

Kolkata-based solar cells and modules manufacturer Websol Energy System has approved the issue of 23,80,000 equity shares of ₹10 (~$0.126) each at an issue price of ₹105...

July 1, 2022

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Gourav Mishra

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Manufacturing

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Solar
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Daily News Wrap-Up: Tata Power’s Smart Meter Testing Lab Receives NABL Accreditation

Here are some noteworthy cleantech announcements of the day from around the world: The National Accreditation Board for Testing and Calibration Laboratories (NABL) has...

September 24, 2021

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Arjun Joshi

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Other

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Renewable Energy
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IFC Invests ₹9.16 Billion in Federal Bank to Strengthen its ESG Portfolio

International Finance Corporation (IFC) – the financial arm of the World Bank, and two investment funds managed by IFC Asset Management Company – IFC Financial...

July 29, 2021

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Arjun Joshi

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Other

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Renewable Energy
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Equity Lock-in Period Should be Removed to Boost Foreign Direct Investments in Solar

Removing the one-year lock-in period for controlling shareholding could help increase investment flow into the solar market in India, which sorely needs it. A ‘...

July 21, 2021

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Harsh Shukla

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Mercom Research Focus

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Other
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Reliance New Energy Solar Incorporated as the Wholly-Owned Subsidiary of Reliance Inds

Reliance Industries Limited (RIL) has formed Reliance New Energy Solar Limited (RNESL), investing ₹100,000 (~$1342) for 10,000 equity shares of ₹10 (~$0.13) each. In its...

July 14, 2021

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Harsh Shukla

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Markets & Policy

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Solar

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