{"id":484558,"date":"2022-04-16T11:33:39","date_gmt":"2022-04-16T06:03:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=484558"},"modified":"2022-04-16T11:33:39","modified_gmt":"2022-04-16T06:03:39","slug":"blackrock-led-group-to-invest-rs-4000-cr-in-tata-power-renewables","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/blackrock-led-group-to-invest-rs-4000-cr-in-tata-power-renewables\/","title":{"rendered":"BlackRock-led group to invest Rs 4000 cr in Tata Power Renewables"},"content":{"rendered":"<p>Tata Power and Black Rock Real Assets led consortium including Mubadala Investment company has entered into a binding agreement to invest Rs 4000 cr in Tata Power Renewables. Black Rock Real Assets will invest the funds by equity and compulsorily convertible instruments for a 10.53% stake in Tata Power Renewables translating to a base equity valuation of Ra 34000 crore. The final shareholding will range from 9.8% to 11.4% on final conversion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Power and Black Rock Real Assets led consortium including Mubadala Investment company has entered into a binding agreement to invest Rs 4000 cr in Tata Power Renewables. Black Rock Real Assets will invest the funds by equity and compulsorily convertible instruments for a 10.53% stake in Tata Power Renewables translating to a base equity valuation of Ra 34000 crore. The final shareholding will range from 9.8% to 11.4% on final conversion.<\/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":[130,191,136],"tags":[],"class_list":["post-484558","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/484558","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=484558"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/484558\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=484558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=484558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=484558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}