{"id":442851,"date":"2021-10-16T11:28:07","date_gmt":"2021-10-16T05:58:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=442851"},"modified":"2021-10-16T11:28:07","modified_gmt":"2021-10-16T05:58:07","slug":"tata-power-looking-to-raise-500-million-for-renewables-unit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tata-power-looking-to-raise-500-million-for-renewables-unit\/","title":{"rendered":"Tata Power looking to raise $500 million for renewables unit"},"content":{"rendered":"<p>Tata Power NSE -0.71 % is in talks with large pension and sovereign asset managers, including Canada Pension Plan Invest Board (CPPIB) and Government of Singapore Investment Corp. (GIC), to raise at least $500 million ahead of a planned initial public offering (IPO) by its renewable energy unit.<\/p>\n<p>Negotiations are entering the formal stage just after the salt-to-steel conglomerate announced that it was raising $1 billion from investors, including TPG, by selling a minority stake in the electrical vehicle (EV) unit of Tata Motors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Power NSE -0.71 % is in talks with large pension and sovereign asset managers, including Canada Pension Plan Invest Board (CPPIB) and Government of Singapore Investment Corp. (GIC), to raise at least $500 million ahead of a planned initial public offering (IPO) by its renewable energy unit. Negotiations are entering the formal stage just after the salt-to-steel conglomerate announced that it was raising $1 billion from investors, including TPG, by selling a minority stake in the electrical vehicle (EV) unit of Tata Motors.<\/p>\n","protected":false},"author":39,"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-442851","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\/442851","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=442851"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/442851\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=442851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=442851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=442851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}