The 90K Stimulus Impact. Will Indian Solar Asset Sales Slow Down? Updated On Thu, May 14th, 2020 by Saurenergy It is no secret that many developers were forced to sell off their renewable energy assets in the recent past to meet their liquidity requirements. From selling by the Shapoorji Pallonji group, which owns leading EPC developer Sterling and Wilson, to reports of Renew Power being in talks, there have been a string of deals […] Read more
Shapoorji Pallonji Inks Pact with KKR to Sell 5 Solar Assets for about $204 Mn Updated On Mon, Apr 27th, 2020 by Saurenergy Shapoorji Pallonji Group’s infrastructure development arm, Shapoorji Pallonji Infrastructure Capital (SP Infra) has entered into the definitive sale agreements with KKR, a global investment firm, for its 5 operational solar energy plants with a capacity of 317 MWp in consideration of about Rs 15,540 million (~ USD 204 million). The development came after months of […] Read more
Ind-Ra Withdraws Sterling & Wilson Solar’s CP Ratings on Request Updated On Sat, Apr 11th, 2020 by Saurenergy Credit rating agency India Ratings and Research (Ind-Ra) has withdrawn its rating assigned to Sterling & Wilson Solar (SWSL), a Shapoorji Pallonji Group company, on the Rs 300 crore Commercial Paper (CP) programme. The company said that “on its request, India Ratings & Research has withdrawn the ratings assigned on the Rs 300 crore Commercial […] Read more
