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EQT, Temasek exit as JSW Neo buys O2 Power for ₹12,468 cr

Mint Kolkata

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April 10, 2025

JSW Neo Energy Ltd, a wholly-owned subsidiary of JSW Energy Ltd, has completed the acquisition of renewable energy platform O2 Power for an enterprise value of around ₹12,468 crore.

- Rituraj Baruah

European alternative asset manager EQT and Singapore's Temasek held 51% and 49%, respectively, in O2 Power that has an overall capacity of 4.7 GW renewable energy, including projects in pipeline. With the completion of this transaction, both the global investments majors have exited the company, founded by former ReNew Power executives Parag Sharma, Peeyush Mohit, and Rakesh Garg.

The platform was jointly established by EQT and Temasek in 2020.

In September,

Mint Kolkata

यह कहानी Mint Kolkata के April 10, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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