{"id":638807,"date":"2024-03-18T10:37:54","date_gmt":"2024-03-18T05:07:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=638807"},"modified":"2024-03-18T10:37:54","modified_gmt":"2024-03-18T05:07:54","slug":"masdar-gentari-others-eye-majority-stake-in-ayana-renewable-power","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/masdar-gentari-others-eye-majority-stake-in-ayana-renewable-power\/","title":{"rendered":"Masdar, Gentari, others eye majority stake in Ayana Renewable Power"},"content":{"rendered":"<p>Mumbai: About half a dozen investors, including Abu Dhabi&#8217;s Masdar Clean Energy, Petronas-owned Gentari, Singapore&#8217;s Sembcorp, PSP Investments and Brookfield, are vying to acquire Ayana Renewable Power, a clean energy platform owned by the National Investment and Infrastructure Fund (NIIF), multiple people aware of the talks told ET.<\/p>\n<p>The majority stake sale will value Ayana&#8217;s equity at $1 billion, with an enterprise value &#8211; inclusive of debt in the capital structure &#8211; around $2.5-3 billion, sources told ET. Non-binding bids will likely be in by mid-April, said these officials.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: About half a dozen investors, including Abu Dhabi&#8217;s Masdar Clean Energy, Petronas-owned Gentari, Singapore&#8217;s Sembcorp, PSP Investments and Brookfield, are vying to acquire Ayana Renewable Power, a clean energy platform owned by the National Investment and Infrastructure Fund (NIIF), multiple people aware of the talks told ET. The majority stake sale will value Ayana&#8217;s equity at $1 billion, with an enterprise value &#8211; inclusive of debt in the capital structure &#8211; around $2.5-3 billion, sources told ET. Non-binding bids will likely be in by mid-April, said these officials.<\/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-638807","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\/638807","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=638807"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/638807\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=638807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=638807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=638807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}