Global private equity firm I Squared Capital on Tuesday announced that it has invested $100 million in smart metering firm Gram Power Pvt. According to Yashraj Khaitan, co-founder and chief executive of Gram Power, this is I Squared Capital’s first investment in the smart metering space in India while it has, so far, invested about $1.7 billion in India’s infrastructure …
Canada’s Alberta Investment Management Corp., Ontario Municipal Employees’ Retirement System, Brookfield Asset Management Inc., and New York-based I Squared Capital are looking to invest in renewable energy firm Fourth Partner Energy Pvt. The deal involves buying private equity firm TPG Capital’s 52% stake in Hyderabad-based Fourth Partner Energy at an expected enterprise value of around $700 million and a fresh …
Petronas, Sembcorp Industries, and JSW Neo Energy are separately considering acquiring Continuum Green Energy Pvt. Queries emailed to the spokespeople of Continuum Green Energy, Morgan Stanley, Petronas, Sembcorp Industries, BP Plc and I Squared Capital on 21 December remained unanswered till press time. Ltd had also evinced interest earlier in buying Morgan Stanley’s majority stake in Continuum Green Energy. Since …
5:38 P.M. Vodafone Idea's loss narrows to ₹7,145 cr in September quarter Vodafone Idea’s loss narrowed to ₹7,144.6 crore in the September-ended quarter from ₹7,218.2 crore during the same duration in the previous year. 2:33 P.M. Zee Entertainment's September-quarter net profit surges to ₹266.08 crore Zee Entertainment's net profit in the September-ended quarter, this year rose to ₹266.08 crore from …
