{"id":500097,"date":"2022-06-22T12:45:33","date_gmt":"2022-06-22T07:15:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=500097"},"modified":"2022-06-22T12:45:33","modified_gmt":"2022-06-22T07:15:33","slug":"ontario-teachers-pension-plan-in-talks-to-buy-49-stake-in-mahindra-susten","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ontario-teachers-pension-plan-in-talks-to-buy-49-stake-in-mahindra-susten\/","title":{"rendered":"Ontario Teachers&#8217; Pension Plan in talks to buy 49% stake in Mahindra Susten"},"content":{"rendered":"<p>The Ontario Teachers&#8217; Pension Plan (OTPP) is in advanced talks to acquire a stake of about 49% in Mahindra Susten, the renewable energy unit of Mahindra and Mahindra NSE -1.55 %, said people aware of the development. OTPP, one of the largest pension funds in Canada, is likely to pay \u20b92,300 crore for the stake, valuing the company at \u20b94,600 crore, inclusive of debt, they said, adding that both sides have signed a deal exclusivity clause.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ontario Teachers&#8217; Pension Plan (OTPP) is in advanced talks to acquire a stake of about 49% in Mahindra Susten, the renewable energy unit of Mahindra and Mahindra NSE -1.55 %, said people aware of the development. OTPP, one of the largest pension funds in Canada, is likely to pay \u20b92,300 crore for the stake, valuing the company at \u20b94,600 crore, inclusive of debt, they said, adding that both sides have signed a deal exclusivity clause.<\/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-500097","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\/500097","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=500097"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/500097\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=500097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=500097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=500097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}