{"id":331492,"date":"2020-01-30T11:38:15","date_gmt":"2020-01-30T06:08:15","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=331492"},"modified":"2020-01-30T11:55:14","modified_gmt":"2020-01-30T06:25:14","slug":"brookfield-actis-eye-acme-solar-assets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/brookfield-actis-eye-acme-solar-assets\/","title":{"rendered":"Brookfield, Actis eye Acme Solar assets"},"content":{"rendered":"<p>Mumbai: Bulge-bracket global investors, including Canada&#8217;s Brookfield and the UK&#8217;s Actis, are in separate discussions to acquire some solar energy assets from Acme Cleantech Solutions, a cash-strapped Indian power producer. Acme has 2.5 GW of operational assets and 3 GW under construction. Although Acme does not want to totally exit the business, selling a part of its portfolio of around 300 MW will help fund additional capacity and pay off debt obligations. <\/p>\n<p>In 2017, Piramal Finance Ltd, a subsidiary of Piramal EnterprisesNSE -2.93 % Ltd, sanctioned Rs 700 crore in debt to Acme Solar. This line is expected to be due shortly, a person aware of the proposed sale process told ET. Acme, Brookfield and Actis declined to comment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Bulge-bracket global investors, including Canada&#8217;s Brookfield and the UK&#8217;s Actis, are in separate discussions to acquire some solar energy assets from Acme Cleantech Solutions, a cash-strapped Indian power producer. Acme has 2.5 GW of operational assets and 3 GW under construction. Although Acme does not want to totally exit the business, selling a part of its portfolio of around 300 MW will help fund additional capacity and pay off debt obligations. In 2017, Piramal Finance Ltd, a subsidiary of Piramal EnterprisesNSE -2.93 % Ltd, sanctioned Rs 700 crore in debt to Acme Solar. This line is expected to be [&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":[130,239,136],"tags":[],"class_list":["post-331492","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\/331492","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=331492"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/331492\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=331492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=331492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=331492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}