{"id":309846,"date":"2020-01-10T12:00:24","date_gmt":"2020-01-10T06:30:24","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=309846"},"modified":"2020-01-10T12:00:24","modified_gmt":"2020-01-10T06:30:24","slug":"softbank-denies-exiting-renewable-energy-jv-with-bharti-enterprises-foxconn","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/softbank-denies-exiting-renewable-energy-jv-with-bharti-enterprises-foxconn\/","title":{"rendered":"SoftBank denies exiting renewable energy JV with Bharti Enterprises, Foxconn"},"content":{"rendered":"<p>SoftBank, which had announced forming a joint venture (JV) for renewable energy with Airtel\u2019s parent Bharti Enterprises and Taiwan-based iPhone manufacturer Foxconn in 2015 \u2014 SBG Cleantech, has said it has no plans to exit the tie-up. SB Energy Global \u2014 the renewable energy arm of SoftBank \u2014 claimed the company explores ways to raise external capital from time to time. \u201cAs part of business strategy, we review all options to raise external capital, including strategic investments, from time to time. There is absolutely no plan to exit from the business,\u201d Raman Nanda, CEO, SB Energy Global told Financial Express Online in a statement.<\/p>\n<p>Nanda\u2019s confirmation came following a report by ET on Thursday claiming that SoftBank is considering selling a majority stake in SBG Cleantech. \u201cSBG Cleantech will be a harbinger of solar and wind energy. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>SoftBank, which had announced forming a joint venture (JV) for renewable energy with Airtel\u2019s parent Bharti Enterprises and Taiwan-based iPhone manufacturer Foxconn in 2015 \u2014 SBG Cleantech, has said it has no plans to exit the tie-up. SB Energy Global \u2014 the renewable energy arm of SoftBank \u2014 claimed the company explores ways to raise external capital from time to time. \u201cAs part of business strategy, we review all options to raise external capital, including strategic investments, from time to time. There is absolutely no plan to exit from the business,\u201d Raman Nanda, CEO, SB Energy Global told Financial Express [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-309846","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309846","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=309846"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/309846\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=309846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=309846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=309846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}