Edelweiss Infrastructure Yield Plus acquires stake in Engie’s solar assets in India

Edelweiss Infrastructure Yield Plus (EIYP), an AIF managed by Edelweiss Alternative Asset Advisors has acquired 74% stake in the Indian solar portfolio of the French energy major – Engie Group. Engie’s solar assets portfolio in India has a total capacity of 813 MWp.

This partnership between EIYP and Engie is aimed at creating a high-quality solar platform of substantial scale with a plan to add 2 GW solar assets in India over the next couple of years, the company said in a press note. “These assets will be developed by Engie and acquired by EIYP post-commissioning as per agreed terms.”