Enel India deal on the final stretch

Business and Finance Business and Finance

Wed, December 18, 2024

[ Wed, Dec 18th 2024 ] - The Scottish Sun

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[ Wed, Dec 18th 2024 ] - MSN

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[ Wed, Dec 18th 2024 ] - The Daily Telegraph

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[ Wed, Dec 18th 2024 ] - The Hill

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Tue, December 17, 2024

[ Tue, Dec 17th 2024 ] - Mena FN

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[ Tue, Dec 17th 2024 ] - Yahoo

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[ Tue, Dec 17th 2024 ] - Seeking Alpha

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[ Tue, Dec 17th 2024 ] - healthshots

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Donald Trump Sues Iowa Pollster Who Said He Trailed Harris: What We Know

[ Tue, Dec 17th 2024 ] - Mint

Enel India deal on the final stretch

^{Published on 2024-12-17 19:00:47 - Mint}

Three investors have made a binding bid for Enel Group's renewable energy business in India, potentially valuing the wind and solar assets at over $500 million.

The article from LiveMint discusses the ongoing negotiations between Enel, an Italian energy company, and potential buyers for its Indian renewable energy assets. Enel is looking to sell its 74% stake in its Indian solar assets, which include 760 MW of operational capacity and 2.1 GW of projects under development. The deal, which has been in discussion for over a year, is now in its final stages with several interested parties, including Indian conglomerates like the Adani Group, Torrent Power, and JSW Energy, as well as international players like Actis and Brookfield. The sale is part of Enel's strategy to streamline its global portfolio and focus on core markets. The transaction is expected to be valued at around $1 billion, reflecting the growing interest in India's renewable energy sector.

Read the Full Mint Article at:
[ https://www.livemint.com/companies/news/enel-india-deal-on-the-final-stretch-11734436041438.html ]

N@N

Enel India deal on the final stretch