JSW Energy to buy 02 Power for ent value of ₹12,468 crore
The Morning Standard
|December 28, 2024
JSW Neo Energy, a wholly-owned subsidiary of JSW Energy, has announced the signing of a definitive agreement to acquire 4,696 MW renewable energy platform from O2 Power Pooling Pte. Ltd, a joint venture between EQT Infrastructure and Temasek.
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The transaction involves acquisition of O2 Power Midco Holdings Pte. Ltd and O2 Energy SG Pte. Ltd and is subject to approval from the Competition Commission of India and other customary regulatory clearances.
The transaction values the platform at an enterprise valuation of nearly ₹12,468 crore ($1.47 bn), after adjusting for net current assets.
"This acquisition strengthens our positioning as a leading player in India's energy sector," said Sharad Mahendra, joint MD and CEO of JSW Energy.
यह कहानी The Morning Standard के December 28, 2024 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? साइन इन करें
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