NEW DELHI : Singapore’s Sembcorp Industries Ltd is in talks to acquire green energy projects totalling 1.1 gigawatts from ReNew Energy Global Plc, with the deal estimated to be valued at $1.2 billion at the enterprise level and around $450 million in terms of equity, two people familiar with the development said. Sembcorp and Torrent Power had been vying for …
New Delhi: ReNew Energy Global Plc is looking to sell 1 gigawatt of its operational clean energy capacity at an enterprise value of around $1 billion as part of the company’s capital recycling strategy, two people aware of the development said. Ltd is among the earliest entrants in India’s green economy and, in August last year, merged with Nasdaq-listed special …