Sajjan Jindal-promoted JSW Energy on Friday announced it has signed an agreement to acquire O2 Power's green energy platform in a $1.47-billion enterprise value deal. This is JSW Energy's biggest acquisition ever.
In a media statement, JSW Energy said its wholly owned subsidiary JSW Neo Energy will acquire the platform jointly established by EQT Infrastructure & Temasek.
The transaction values the platform at around ₹12,468 crore ($1.47 billion), after adjusting for net current assets, said JSW Energy. Around 2.25 gigawatts (GW) of capacity is to be operational by June 2025.
According to a JSW Energy presentation, there would be a further capital expenditure of ₹13,000-14,000 crore, taking the platform's full capacity to 4.6 GW in the next few years.
هذه القصة مأخوذة من طبعة December 28, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة December 28, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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