{"id":646215,"date":"2025-09-15T09:05:51","date_gmt":"2025-09-15T03:35:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=646215"},"modified":"2025-09-15T09:14:49","modified_gmt":"2025-09-15T03:44:49","slug":"kkr-backed-serentica-to-buy-statkrafts-solar-power-business-for-rs-1942-2207-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/kkr-backed-serentica-to-buy-statkrafts-solar-power-business-for-rs-1942-2207-cr\/","title":{"rendered":"KKR-backed Serentica to buy Statkraft&#8217;s solar power business for Rs 1,942-2,207 cr"},"content":{"rendered":"<p>New Delhi: KKR-backed Serentica Renewables has outbid Blackstone to acquire Statkraft&#8217;s solar power generation business in India for an enterprise value of $220-250 million (\u20b91,942-2,207 crore), sealing a transaction that has been in the works since March, said people in the know.<\/p>\n<p>Both parties signed the agreement earlier on Sunday, the people said. A formal announcement is likely within days.<\/p>\n<p>Statkraft&#8217;s solar business in India comprises 1.5 gigawatts of operational and under construction projects in Rajasthan that are being sold as a package. It also has hydropower assets that are on sale.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: KKR-backed Serentica Renewables has outbid Blackstone to acquire Statkraft&#8217;s solar power generation business in India for an enterprise value of $220-250 million (\u20b91,942-2,207 crore), sealing a transaction that has been in the works since March, said people in the know. Both parties signed the agreement earlier on Sunday, the people said. A formal announcement is likely within days. Statkraft&#8217;s solar business in India comprises 1.5 gigawatts of operational and under construction projects in Rajasthan that are being sold as a package. It also has hydropower assets that are on sale.<\/p>\n","protected":false},"author":40,"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-646215","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\/646215","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=646215"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/646215\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=646215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=646215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=646215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}