C&S Electric Acquisition by Siemens Limited Approved by CCI Updated On Fri, Aug 21st, 2020 by Saurenergy CCI has approved the proposed acquisition of 100 percent of the share capital of C&S Electric Limited by Siemens Limited. The Competition Commission of India (CCI) on August 20, 2020, has approved the proposed acquisition of C&S Electric Limited by Siemens Limited (Siemens India). The proposed combination envisages the acquisition of 100 percent of the […] Read more
SJVN Looking to Acquire Hydro and Solar PV Projects Updated On Mon, Aug 3rd, 2020 by Saurenergy An EOI has been issued by SJVN The Satluj Jal Vidyut Nigam (SJVN), a joint venture of Government of India and the Government of Himachal Pradesh, is on the lookout for solar PV and hydropower projects for acquisition. With this, SJVN becomes second government agency after NTPC to go for acquisition recently for expansion. SJVN […] Read more
Siemens Gamesa Begins Negotiations for Senvion’s European Assets Updated On Mon, Sep 16th, 2019 by Saurenergy Siemens Gamesa has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from Senvion. Siemens Gamesa Renewable Energy has announced that it has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from debt-laden German wind turbine maker Senvion SE. Senvion […] Read more
EDF Renewables Acquires 300 MW Wind Projects Pipeline in Germany Updated On Fri, Sep 13th, 2019 by Saurenergy EDF Renewables has acquired a wind projects pipeline of around 300 MW which is currently under development across Germany from Altus AG The renewables arm of French power utility EDF, EDF Renewables has announced that it has acquired a wind projects pipeline of around 300 MW which is currently under development across Germany from Altus […] Read more
Reliance Infra Sells Mumbai Power Portfolio to Adani Transmissions for Rs 18,000 Cr Updated On Thu, Aug 30th, 2018 by Saurenergy Reliance Infra and Adani group had signed the pact for 100 per cent stake sale of R-Infra’s integrated business of generation, transmission and distribution of power for Mumbai in December 2017. Adani Group’s Adani Transmission has acquired Reliance Infrastructure’s integrated business of Generation, Transmission and Retail Electricity Distribution in Mumbai. Reliance Infra and Adani group had signed […] Read more
Adani Green Energy Acquires AGEPtel to Foray Global Investments Updated On Wed, Aug 22nd, 2018 by Saurenergy AGEPteL has authorised and paid-up share capital of USD2,000 with no turnover as on March 31, 2018. Adani Group’s solar power generation and manufacturing arm, Adani Green Energy has acquired 100 percent stake in Adani Green Energy Pte (AGEPtel) from its group firm Adani Global Pte (AGPte) as per the BSE filing. Launched in March […] Read more
Greenko’s Equity Raise, Acquisition Credit Positive, says Moody’s Report Updated On Tue, Jun 12th, 2018 by Saurenergy Greenko will acquire Orange Renewables Singapore for a total enterprise value of approximately USD 922 million, which has 907 MW of solar and wind assets and pipeline assets of over 500 MW. Backing the renewable energy company’s buyout move, credit rating agency Moody’s Investors Service in its report said that, the acquisition of Orange Renewables […] Read more
Tesla wagers on renewable energy, to acquire SolarCity for $2.6 billion Updated On Mon, Aug 1st, 2016 by Saurenergy Elon Musk’s Tesla Motors Inc. has acquired solar panel installer SolarCity for USD 2.6 billion. Tesla to acquire SolarCity in an all-stock transaction, under the agreement SolarCity stockholders will receive 0.110 Tesla common shares per SolarCity share, valuing SolarCity common stock at $25.37 per share based on the 5-day volume weighted average price of Tesla […] Read more
SolarCity announces Special Committee for Tesla Deal Updated On Tue, Jun 28th, 2016 by Saurenergy Just after the American electric car maker, Tesla proposed an acquisition deal with SolarCity – the solar panel manufacturer company has recently formed a special committee of just two directors to evaluate Tesla Motors $2.8 billion acquisition deal. SolarCity independent directors Donald Kendall and Nancy Pfund will serve on the committee. Kendall is the chief […] Read more
