Gentari, Edelweiss, Actis vie for O2 Power solar projects
Mint Mumbai|September 18, 2023
Three large bidders have entered the last lap for acquiring solar projects totalling 350 megawatts (MW) from O2 Power, promoted by Singapore’s Temasek and European alternative asset manager EQT, two people close to the development said
Utpal Bhaskar
Gentari, Edelweiss, Actis vie for O2 Power solar projects

These include Gentari Sdn Bhd, a unit of Malaysia’s state-run oil and gas company Petroliam Nasional Bhd; Edelweiss Infrastructure Yield Plus Fund’s Sekura Energy Ltd; and private equity firm Actis Llp, the people said on condition of anonymity.

The transaction, having an equity and enterprise value of $50 million and $200 million, respectively, is being managed by EY, with these three bidders shortlisted from around a dozen non-binding offers (NBOs) that were submitted.

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Diese Geschichte stammt aus der September 18, 2023-Ausgabe von Mint Mumbai.

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