{"id":400364,"date":"2021-02-15T10:27:35","date_gmt":"2021-02-15T04:57:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=400364"},"modified":"2021-02-15T10:27:35","modified_gmt":"2021-02-15T04:57:35","slug":"brookfield-two-others-bid-for-fortums-assets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/brookfield-two-others-bid-for-fortums-assets\/","title":{"rendered":"Brookfield, two others bid for Fortum\u2019s assets"},"content":{"rendered":"<p>Canada\u2019s Brookfield Asset Management Inc., private equity firm Actis Llp and Edelweiss Infrastructure Yield Plus Fund\u2019s Sekura Energy Ltd have offered to buy a majority stake in Finnish state-run power utility Fortum Oyj\u2019s 500 megawatts (MW) solar projects in India in a deal estimated at about half a billion euros, said two people aware of the development.<\/p>\n<p>The three parties have submitted three separate non-binding bids for the deal, which is expected to be completed by March, the people cited above said, requesting anonymity. Kotak Investment Banking is managing the sale process.<\/p>\n<p>\u201cThe bids have been placed, and there has been substantive interest in these assets. The sale process is expected to be completed by March,&#8221; one of the two people cited above said, requesting anonymity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada\u2019s Brookfield Asset Management Inc., private equity firm Actis Llp and Edelweiss Infrastructure Yield Plus Fund\u2019s Sekura Energy Ltd have offered to buy a majority stake in Finnish state-run power utility Fortum Oyj\u2019s 500 megawatts (MW) solar projects in India in a deal estimated at about half a billion euros, said two people aware of the development. The three parties have submitted three separate non-binding bids for the deal, which is expected to be completed by March, the people cited above said, requesting anonymity. Kotak Investment Banking is managing the sale process. \u201cThe bids have been placed, and there has [&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-400364","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\/400364","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=400364"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/400364\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=400364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=400364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=400364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}