Italy’s Enel Green Power has finally completed the transaction to acquire a majority stake in Indian renewable energy project developer, BLP Energy. According to media reports, after months of rumours Enel Green Power has acquired a majority stake in BLP Energy, for approximately €30 million. BLP Energy is the project development subsidiary … [continued]
Italy’s Enel Green Power is set to initiate acquisition of Indian renewable energy project developer Bharat Light & Power following an announcement made earlier this year. In June, media outlets reported that Enel was planning to acquire a majority stake in Bharat Light & Power for an estimated $140 million. Bharat … [continued]
Enel Green Power is reportedly planning to invest around $140 million in Indian renewable energy independent power producer Bharat Light & Power. According to business daily Economic Times, Enel Green Power is in negotiations with Bharat Light & Power to make equity investment worth Rs 900 crore (~ $140 million) … [continued]
The ‘India renewable energy story’ continues to sweeten as more and more companies are looking to aggressively invest into and expand renewable energy capacity across the country. The latest announcement comes from Bharat Light and Power, a fast-growing wind energy project developer. The company plans to invest $1 billion to … [continued]
