With 2GW Solar Power Plans, FRV Enters Germany Updated On Mon, Jan 30th, 2023 by Saurenergy Fotowatio Renewable Ventures (FRV) has said that it has entered the German market and intends to develop 2GW of PV projects, Battery Energy Storage Systems (BESS) and renewable installations in the next four years. The company is owned by of Abdul Latif Jameel Energy and Canadian pension fund and infrastructure investor OMERS. Andreas Pfeifer, Managing […] Read more
OMERS Private Equity Buys Stake In Solar O&M Company NovaSource Updated On Thu, Aug 11th, 2022 by Saurenergy A minority share in the solar operations and maintenance (O&M) company NovaSource Power Services with headquarters in Arizona has been bought by OMERS Private Equity, a division of the Ontario-focused pension fund OMERS. With more than 20GW of solar and storage assets under management, including residential, commercial, industrial, and utility-scale power facilities spanning North America, […] Read more
Azure Power’s $250 million Rights Issue Subscribed 78.4%, Saved By Largest Stakeholders Updated On Fri, Jan 28th, 2022 by Saurenergy Azure Power Global Limited announced today the final results of its previously announced rights offering of $250 million. By the end of the subscription period on January 24, 5:00pm EST, 78.4% of the rights had been exercised, and, accordingly, 12,404,282 newly issued equity shares of the Company were subscribed. The remaining 3,424,635 unsubscribed shares will be […] Read more
