Acme Solar on Thursday said it has signed an agreement with Danish investment firm IFU and United Nations’ operational arm UNOPS S3i for developing 250 megawatt (MW) solar power generation assets in Rajasthan.
Though the financial details of the deal were not disclosed, Acme Solar said in a statement “the total value of the project is the equivalent of just under $200 million, of which about a quarter are financed through equity contributions by the three co-investors”.
