{"id":292777,"date":"2019-09-20T05:00:59","date_gmt":"2019-09-20T05:00:59","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=292777"},"modified":"2019-09-20T05:00:59","modified_gmt":"2019-09-20T05:00:59","slug":"gip-edelweiss-infra-in-final-lap-to-buy-engies-india-solar-portfolio","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gip-edelweiss-infra-in-final-lap-to-buy-engies-india-solar-portfolio\/","title":{"rendered":"GIP, Edelweiss Infra in final lap to buy Engie\u2019s India solar portfolio"},"content":{"rendered":"<p>MUMBAI: Global Infrastructure Partners (GIP) and EdelweissNSE 1.34 % Infrastructure Yield Plus fund are competing to acquire the solar energy portfolio of French major Engie in India for around $400 million, said two people aware of the development.<\/p>\n<p>Both have submitted firm offers and a final decision is due in the next couple of weeks. Actis, another global investor in the race, had backed out recently.<\/p>\n<p>Engie has a renewable energy capacity of 1.5 GW in India. It has an installed capacity of 810 MW in solar and a capacity of 280 MW in wind. Rothschild &amp; co is running a sale mandate for Engie.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Global Infrastructure Partners (GIP) and EdelweissNSE 1.34 % Infrastructure Yield Plus fund are competing to acquire the solar energy portfolio of French major Engie in India for around $400 million, said two people aware of the development. Both have submitted firm offers and a final decision is due in the next couple of weeks. Actis, another global investor in the race, had backed out recently. Engie has a renewable energy capacity of 1.5 GW in India. It has an installed capacity of 810 MW in solar and a capacity of 280 MW in wind. Rothschild &amp; co is running [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-292777","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/292777","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=292777"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/292777\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=292777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=292777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=292777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}