{"id":415999,"date":"2021-05-20T10:18:45","date_gmt":"2021-05-20T04:48:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=415999"},"modified":"2021-05-20T11:04:48","modified_gmt":"2021-05-20T05:34:48","slug":"softbank-sells-renewable-energy-unit-in-india","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/softbank-sells-renewable-energy-unit-in-india\/","title":{"rendered":"SoftBank sells renewable-energy unit in India"},"content":{"rendered":"<p>SoftBank Group Corp. is selling its Delhi-based renewable-energy unit to an Indian rival, a step that effectively pulls the plug on what was once the world\u2019s most ambitious solar investor.<\/p>\n<p>Adani Green Energy Ltd. said Wednesday it was buying SB Energy India in a deal that values the unit at $3.5 billion, an amount it said would be India\u2019s largest renewable-energy transaction. The unit has nearly five gigawatts of renewable-power assets in India\u2014mostly solar power\u2014and is 80% owned by SoftBank, with the remaining stake held by Indian conglomerate and longtime SoftBank partner Bharti Group. Adani didn\u2019t say how much it was paying.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SoftBank Group Corp. is selling its Delhi-based renewable-energy unit to an Indian rival, a step that effectively pulls the plug on what was once the world\u2019s most ambitious solar investor. Adani Green Energy Ltd. said Wednesday it was buying SB Energy India in a deal that values the unit at $3.5 billion, an amount it said would be India\u2019s largest renewable-energy transaction. The unit has nearly five gigawatts of renewable-power assets in India\u2014mostly solar power\u2014and is 80% owned by SoftBank, with the remaining stake held by Indian conglomerate and longtime SoftBank partner Bharti Group. Adani didn\u2019t say how much it [&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":[139,130,237],"tags":[],"class_list":["post-415999","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\/415999","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=415999"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/415999\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=415999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=415999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=415999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}