{"id":598271,"date":"2023-08-18T11:36:27","date_gmt":"2023-08-18T06:06:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=598271"},"modified":"2023-08-18T11:36:27","modified_gmt":"2023-08-18T06:06:27","slug":"ayana-renewable-investors-plan-stake-sale-to-raise-up-to-800m","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ayana-renewable-investors-plan-stake-sale-to-raise-up-to-800m\/","title":{"rendered":"Ayana Renewable investors plan stake sale to raise up to $800m"},"content":{"rendered":"<p>Investors in Ayana Renewable Power plan to offload a part of their stake to raise as much as $800 million (&#8216;6,650 crore), with a portion of it to be used for funding the expansion plans of the renewable energy platform, people aware of the development said. The investors are in discussions to hire an investment bank to run the sale process, they said.<\/p>\n<p>The National Investment &amp; Infrastructure Fund (NIIF) owns a 51% stake in Ayana, while British International Investment (formerly CDC Group) holds 32% and Eversource Capital-managed Green Growth Equity Fund has the remaining 17% stake.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors in Ayana Renewable Power plan to offload a part of their stake to raise as much as $800 million (&#8216;6,650 crore), with a portion of it to be used for funding the expansion plans of the renewable energy platform, people aware of the development said. The investors are in discussions to hire an investment bank to run the sale process, they said. The National Investment &amp; Infrastructure Fund (NIIF) owns a 51% stake in Ayana, while British International Investment (formerly CDC Group) holds 32% and Eversource Capital-managed Green Growth Equity Fund has the remaining 17% stake.<\/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-598271","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\/598271","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=598271"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/598271\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=598271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=598271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=598271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}