Power | Utility Scale Solar PV | Mergers and Acquisitions
IndiGrid, a leading Indian infrastructure investment trust, has acquired a 300 MW solar power plant, increasing its total solar generation capacity to 1.1 GWp across 19 projects in 8 states. This acquisition also brings their Assets Under Management to Rs 282 billion. The solar plant is expected to contribute Rs. 800 million annually to IndiGrid's net cash flow.
NotesTime for acquisitions and consolidations, and time for entry of large private equity players and other large financial investors into the world of solar. Welcome!
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