EQT-Temasek to sell green venture O2 Power
Barclays has been appointed to initiate a formal sale process. Approaches will be made to global infrastructure funds and energy companies. This comes as close to a dozen transactions centred on renewable assets in India are at various stages of implementation. Those involved include the Aditya Birla Group, Brookfield and Macquarie Infrastructure among others.
Global investment giants EQT Capital and Temasek have decided to sell renewable energy platform O2 Power, aiming to monetise their five-year-old investment, according to people aware of the matter.
Barclays has been appointed to initiate a formal sale process. Approaches will be made to global infrastructure funds and energy companies. This comes as close to a dozen transactions centred on renewable assets in India are at various stages of implementation. Those involved include the Aditya