Welcome to another issue of our India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country. Cleantech Investments Germany Pledges €10 Billion In Climate Finance To India India and Germany have agreed … [continued]
Originally published at Future Trends. Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country. Cleantech Investments M&A Activity Picks Up In India’s Rooftop Solar … [continued]
India-based renewable energy developer Mytrah Energy is reportedly looking to list itself on a US stock exchange. According to media reports, wind energy project developer Mytrah Energy is looking to merge with a special purpose acquisition company (SPAC) and subsequently get listed on a US stock exchange. The company is … [continued]
Faced with uncertain funding environment, falling tariff rates, and an unpredictable revenue stream from buyers, Indian developers have backtracked plans to launch initial public offerings.
Although the capacity addition in India renewable energy sector has slowed down the merger and acquisition space is heating up. A major private renewable energy developer — Mytrah Energy — is being eyed by several companies.
Lack of transmission infrastructure, increasing concerns over liquidity and financial health of power producers, and insufficient interest by developers has forced India to reduce the size of what was supposed to the largest wind energy tender in its history.
Some of the leading solar and wind energy generation companies in India are prepping for equity sale at bourses. A number of Initial Public Offerings (IPOs) are expected after a long spree of highly competitive tariff bids, both in the solar as well as wind energy sector.
One of the leading independent power producers in India’s renewable energy sector has announced a huge investment plan in the state of Andhra Pradesh.
Yet another Indian renewable energy IPP is looking to sell an equity stake to raise funds for expansion. According to media reports, Mytrah Energy is looking to sell an equity stake to private equity funds with a target of raising around $300 million. A third of this funding will be … [continued]
Indian renewable energy companies are on a fundraising spree these days, with plans to contribute as much as possible towards the achievement of the ambitious capacity addition targets set by the government. Independent renewable power producer Mytrah Energy recently announced that it secured debt funding worth $175 million from the … [continued]
