استمتع بـUnlimited مع Magzter GOLD

استمتع بـUnlimited مع Magzter GOLD

احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل

$149.99
 
$74.99/سنة

يحاول ذهب - حر

EQT drops Zelestra sale, to invest $600 mn

October 13, 2025

|

Hindustan Times Bengaluru

European alternative asset manager EQT has dropped the plan to sell renewable developer Zelestra’s India operations and instead transferred it to its Asia Pacific infrastructure team headed by Hong Kong-based partner Ken Wong.

- Utpal Bhaskar

EOT will also invest around $600 million to develop the portfolio and has brought in Parag Sharma, former chief executive officer (CEO) and co-founder of EQT—and Temasek-backed 02 Power, to head the company, replacing incumbent CEO Sajay KV, said four people aware of the development.

Zelestra had hired JP Morgan to run the sale process for its India operations, eyeing a deal with an equity and enterprise value of $184 million and $421 million, respectively. Mint earlier reported that the world’s largest alternative asset manager Blackstone was looking to acquire Zelestra's Indian operations.

المزيد من القصص من Hindustan Times Bengaluru

Hindustan Times Bengaluru

Hindustan Times Bengaluru

Pak threatens Afghanistan with ‘open war’ if talks fail

Pakistan's defence minister said on Saturday he believes Afghanistan wants peace but that failure to reach an agreement during talks in Istanbul would mean “open war,” days after both sides agreed to’a ceasefire following deadly border clashes, Reuters reported.

time to read

2 mins

October 26, 2025

Hindustan Times Bengaluru

Parents of 'love jihad' accused to be arrested, says Assam CM

Assam chief minister Himanta Biswa Sarma on Saturday said the proposed state law against “love jihad” will include a provision to arrest the parents of the accused.

time to read

1 mins

October 26, 2025

Hindustan Times Bengaluru

Blink and you might have missed what happened

Heists, records, pull-ups. We've stirred this week’s headlines into ten delicious riddles. Can you guess them all?

time to read

1 min

October 26, 2025

Hindustan Times Bengaluru

EC TO ANNOUNCE ALL-INDIA S.I.R. PH-1 PLAN TOMORROW

The Election Commission is expected to announce on Monday the schedule for the first phase of the nationwide special intensive revision of electoral rolls, beginning with around 10 to 15 states and Union territories, including poll-bound Tamil Nadu and West Bengal, officials said on Saturday.

time to read

1 min

October 26, 2025

Hindustan Times Bengaluru

Farm fires rage in Pak, no surge in Punjab-for now

Capital's AQI back to 'very poor' due to local factors even as experts warn of farm fire threat on horizon

time to read

1 min

October 26, 2025

Hindustan Times Bengaluru

Pak threatens Kabul with war if talks fail

Pakistan's defence minister said on Saturday he believes Afghanistan wants peace but that failure to reach an agreement during talks in Istanbul would mean “open war,” days after both sides agreed to a ceasefire following deadly border clashes, Reuters reported.

time to read

1 min

October 26, 2025

Hindustan Times Bengaluru

Nationwide SIR set to begin next week; TN, Bengal in first phase

The Election Commission of India (ECI) is expected to announce on Monday the schedule for the first phase of the nationwide special intensive revision (SIR) of electoral rolls, beginning with around 10 to 15 states and Union territories, including poll-bound Tamil Nadu and West Bengal, officials said on Saturday.

time to read

1 mins

October 26, 2025

Hindustan Times Bengaluru

Techie, cop arrested for Satara doctor’s suicide

PUNE: Two suspects, including a police sub-inspector, have been arrested in the death by suicide of a 29-year-old Satara doctor, officers aware of the matter said on Saturday.

time to read

2 mins

October 26, 2025

Hindustan Times Bengaluru

Delhi start strong vs HP, Rahane, Gaikwad hit tons

Delhi openers Arpit Rana (64) and Sanat Sangwan (79) raised a century partnership to take the hosts to 306/4 on Day 1 of their Ranji Trophy Group D match against Himachal Pradesh on Saturday.

time to read

1 mins

October 26, 2025

Hindustan Times Bengaluru

Hindustan Times Bengaluru

Heart on the line

His last book won the UK Royal Society's Ondaatje Prize. Bhattacharya now has a sweeping new novel out. Railsong is the tale of a teen who leaves it all behind and makes her way across a transforming India in a series of varied train journeys - in search of, perhaps more than anything else, herself

time to read

4 mins

October 26, 2025

Listen

Translate

Share

-
+

Change font size