Actis, the global infrastructure investment firm, has acquired 500 MW Indian assets of Finland based solar power producer Fortum.
Fortum has signed an agreement to divest the 250-MW Pavagada II and the 250-MW Rajasthan solar power plants in India, said a company statement.
The total consideration from the divestment on a debt and cash-free basis, including the effect of deconsolidating of the net debt, is expected to be approximately EUR 280 million ($333 million).
