{"id":275659,"date":"2019-05-22T06:25:16","date_gmt":"2019-05-22T06:25:16","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=275659"},"modified":"2019-05-22T06:25:16","modified_gmt":"2019-05-22T06:25:16","slug":"two-former-ostro-executives-to-set-up-clean-energy-firm","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/two-former-ostro-executives-to-set-up-clean-energy-firm\/","title":{"rendered":"Two former Ostro executives to set up clean energy firm"},"content":{"rendered":"<p>NEW DELHI: Ranjit Gupta and Murali Subramanian, the former head honchos of global private equity firm Actis Llp\u2019s Ostro Energy Pvt. Ltd, are in talks with Singapore\u2019s state investment firm Temasek Holdings Pte. and Swedish private-equity firm EQT Partners to raise around $500 million to set up a green energy platform in India.<\/p>\n<p>Gupta and Subramanian were former chief executive officer (CEO) and chief operating officer (COO) of Ostro Energy, respectively. Their next innings in the Indian clean energy space follows the acquisition of Ostro Energy by ReNew Power Ventures at an enterprise value of $1.5 billion, in India\u2019s largest renewable energy deal last April. Factors such as size, quality and age of the Ostro Energy assets were key attractions for ReNew Power.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Ranjit Gupta and Murali Subramanian, the former head honchos of global private equity firm Actis Llp\u2019s Ostro Energy Pvt. Ltd, are in talks with Singapore\u2019s state investment firm Temasek Holdings Pte. and Swedish private-equity firm EQT Partners to raise around $500 million to set up a green energy platform in India. Gupta and Subramanian were former chief executive officer (CEO) and chief operating officer (COO) of Ostro Energy, respectively. Their next innings in the Indian clean energy space follows the acquisition of Ostro Energy by ReNew Power Ventures at an enterprise value of $1.5 billion, in India\u2019s largest [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-275659","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=275659"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/275659\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=275659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=275659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=275659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}