Saudi Arabia’s PIF Acquires 9.5% Stake in Offshore Wind Player Skyborn Renewables Updated On Wed, Dec 14th, 2022 by Saurenergy The Public Investment Fund (PIF), the Kingdom of Saudi Arabia, has announced the acquisition of up to 9.5% in Germany based offshore wind developer and operator Skyborn Renewables, alongside Global Infrastructure Partners (GIP) which is a global, independent infrastructure investment fund. The Saudi Government has said that the investment will allow PIF to participate in […] Read more
TotalEnergies takes 50% stake in Clearway Updated On Fri, May 27th, 2022 by Saurenergy Leading french energy player, TotalEnergies, has announced that it is acquiring a 50% stake in Clearway Energy Group (CEG) which is the 5th largest US renewable energy player. The deal is being done in association with Global Infrastructure Partners (GIP). This is the third largest acquisition in renewable energy in America which itself is one […] Read more
GIP’s Indian Arm Vector Green Gets CRISIL AAA Rating for Solar Portfolio Updated On Thu, Apr 15th, 2021 by Saurenergy Vector Green Energy, the Indian renewables platform wholly owned by fund manager Global Infrastructure Partners (“GIP”) in India, has been awarded the highest rating of ‘AAA/stable’ by credit rating agency CRISIL for a group of its solar power generating plants (Restricted group). A AAA rating implies the highest safety and lowest credit risk for any […] Read more