{"id":354704,"date":"2020-06-01T11:18:38","date_gmt":"2020-06-01T05:48:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=354704"},"modified":"2020-06-01T11:18:38","modified_gmt":"2020-06-01T05:48:38","slug":"cppib-kkr-others-eye-fortums-indian-solar-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cppib-kkr-others-eye-fortums-indian-solar-projects\/","title":{"rendered":"CPPIB, KKR, others eye Fortum\u2019s Indian solar projects"},"content":{"rendered":"<p>NEW DELHI : At least six firms, including Canada Pension Plan Investment Board (CPPIB), Brookfield Asset Management Inc., private equity firms Actis Llp, KKR, Macquarie Group, and Edelweiss Infrastructure Yield Plus Fund, have separately evinced interest in acquiring a majority stake in Finland\u2019s state-controlled power utility Fortum Oyj\u2019s 500 megawatts (MW) Indian solar projects, said two people, requesting anonymity.<\/p>\n<p>Fortum\u2019s move to seek financial investors reflects growing consolidation in India\u2019s clean energy space. With India slowly opening up for business, the deal activity has picked up for the green economy.<\/p>\n<p>The stake sale, run by Kotak Investment Banking, is potentially valued at around \u20ac500 million and may rank among the largest in India\u2019s green energy space.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : At least six firms, including Canada Pension Plan Investment Board (CPPIB), Brookfield Asset Management Inc., private equity firms Actis Llp, KKR, Macquarie Group, and Edelweiss Infrastructure Yield Plus Fund, have separately evinced interest in acquiring a majority stake in Finland\u2019s state-controlled power utility Fortum Oyj\u2019s 500 megawatts (MW) Indian solar projects, said two people, requesting anonymity. Fortum\u2019s move to seek financial investors reflects growing consolidation in India\u2019s clean energy space. With India slowly opening up for business, the deal activity has picked up for the green economy. The stake sale, run by Kotak Investment Banking, is potentially [&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":[139,130,237],"tags":[],"class_list":["post-354704","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\/354704","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=354704"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/354704\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=354704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=354704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=354704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}