Acme looks to sell 4.84GW solar projects
Acme Solar Holdings Ltd is looking to sell 4.84 gigawatts (GW) of solar projects, three people aware of the development said, in a deal that may rank among the country’s biggest green energy transactions.
Cantor Fitzgerald (Hong Kong) Capital Markets Ltd is running the sale process for Acme, which has the largest portfolio of solar assets, the people said on condition of anonymity. The development comes amid revival of deal activity in the green energy space in India, home to the world’s largest clean energy programme.
“Cantor Fitzgerald has been mandated to advise on the sale of a 4.84GWp portfolio of operating and under-construction solar assets in India (Project Wiley),” the sale process documents reviewed by Mint said.
