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Atria Power looks for new investors after talks with Asian fund collapse

Infrastructure

22 December, 2023

Atria Power looks for new investors after talks with Asian fund collapse

Bengaluru-based Atria Power, which operates multiple wind, hydro and solar projects, is in the early stages of discussion with financial ......

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Petronas unit, GIC to invest in Greenko founders'  green ammonia business

Manufacturing

30 October, 2023

Petronas unit, GIC to invest in Greenko founders' green ammonia business

Gentari Sdn Bhd and GIC Holdings Pte Ltd will invest $1.75 billion in AM Green Ammonia Holdings, a company owned ......

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Amplus Solar's Abhishek Goyal on doubling capacity, policy woes and more

Infrastructure

25 August, 2023

Amplus Solar's Abhishek Goyal on doubling capacity, policy woes and more

In April 2019, Malaysian state-owned oil and gas company Petronas acquired Singapore-based solar energy company Amplus Solar from private equity firm I Squared Capital for an estimated $391 million (Rs 2,700 ......

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Grapevine: BP eyes Greenko founders' platform; Himadri may buy into Australian firm

General

26 May, 2023

Grapevine: BP eyes Greenko founders' platform; Himadri may buy into Australian firm

BP is in the race with Malaysia’s state-run energy giant Petroliam Nasional Bhd (Petronas) to pick up a minority stake ......

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GAW, CapitaLand eye majority stake in renewables firm CleanMax

Infrastructure

17 January, 2023

GAW, CapitaLand eye majority stake in renewables firm CleanMax

Hong Kong-based investor GAW Capital Partners and Singapore’s CapitaLand Investment Ltd, among others, are looking at a majority stake in ......

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Indian solar assets are fairly valued for the returns they generate: Amplus MD

Infrastructure

12 October, 2020

Indian solar assets are fairly valued for the returns they generate: Amplus MD

Sanjeev Aggarwal ventured into the solar energy business in 2014, when interest in India’s renewable energy sector had only begun ......

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Petronas-owned Amplus wants to play the Indian renewables market cautiously

Infrastructure

06 October, 2020

Petronas-owned Amplus wants to play the Indian renewables market cautiously

It was only in 2014, four years after setting up a fledgling venture that had failed to take off, that ......

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Why Malaysia's Petronas paid a premium to buy Acme Solar's assets

Infrastructure

18 September, 2020

Why Malaysia's Petronas paid a premium to buy Acme Solar's assets

Malaysian state-run oil giant Petronas has acquired two solar power plants from Acme Solar Holdings Ltd, paying a higher valuation ......