Acquisition

CCI Approves Majority Acquisition of NESCO by Tata Power

The Competition Commission of India (CCI) has approved the acquisition of 51% of the equity share capital of NESCO Utility by Tata Power The Competition Commission of India (CCI) has announced that it has approved the acquisition of 51 percent of the equity share capital of North Eastern Electricity Supply Company of Odisha (NESCO Utility) […]

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Japan’s ORIX Corporation Completes Acquisition of Shares in Greenko

ORIX has completed the acquisition of shares in Greenko Energy taking 21.8% of the firms’ shares for a total value of approx USD 961 million. ORIX Corporation (ORIX) has announced that it has completed the acquisition of shares in Greenko Energy Holdings (Greenko) as reported by both firms on September 11, 2020. Simultaneous to acquiring […]

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Ideanomics Acquires Wireless Charging Provider WAVE, Signs a Definitive Agreement

New York based Ideanomics has announced the 100 percent acquisition of private wireless charger provider for heavy-duty electric vehicles (EVs), Wireless Advanced Vehicle Electrification (WAVE), Inc. The acquisition has been done by considering cash and stock, and the material terms which are disclosed in the Company’s related 8-K filing. While Roth Capital Partners acted as […]

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Sunrun Completes Acquisition of Vivint Solar Creating 3 GW Conglomerate

Sunrun has announced that it has completed its acquisition of Vivint Solar which was initially announced on July 6, 2020. Sunrun, a leading provider of residential solar, battery storage and energy services, has announced that it has completed its acquisition of Vivint Solar which was initially announced on July 6, 2020. This follows approval by […]

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C&S Electric Acquisition by Siemens Limited Approved by CCI

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 […]

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SJVN Looking to Acquire Hydro and Solar PV Projects

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 […]

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Siemens Gamesa Begins Negotiations for Senvion’s European Assets

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 […]

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EDF Renewables Acquires 300 MW Wind Projects Pipeline in Germany

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 […]

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Reliance Infra Sells Mumbai Power Portfolio to Adani Transmissions for Rs 18,000 Cr

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 […]

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