Latest Updates Around The World
Inox Green Energy Services is acquiring Vibrant Energy, the Indian renewable energy platform owned by global infrastructure investor Macquarie Asset Management, people familiar with the matter said.The deal is likely to lead to a stock valuation of around $200 million (₹1,791 crore) for Vibrant Energy, the people said. Inox Green is part of the Inox […]
Even as the Nifty hits new all-time highs, the mood among retail investors remains subdued as most portfolios have not kept pace. But for value investors, this is exactly the time to get bullish, says Anshul Saigal, founder of Saigal Capital.Saigal said that after 12 to 14 months of price and time correction, valuations in […]
Renewable energy-focused Avaada Group aims to invest Rs 1 lakh crore across the country over the next five years as part of its expansion into both power generation and allied businesses.The solar photovoltaic manufacturing arm has filed documents with the regulator for the first share sale to the public, the group’s chairman Vineet Mittal told […]
EAAA Alternatives, formerly known as Edelweiss Alternatives, has raised a $60 million commitment from the European Investment Bank (EIB) for its India Energy Transition Fund, which targets a corpus of $300 million. The fund will be used for investments in renewable energy, energy storage, electric mobility and other green infrastructure assets. “The fund has a […]
