Adani Green Energy to acquire SB Energy’s 5 GW India renewable power portfolio for a fully completed EV of USD 3.5 billion – India’s largest renewables M&A transaction

– AGEL has signed definitive agreements for 100% acquisition of SB Energy Holdings Limited (“SB Energy India”) – Projects are contracted to sell power under 25 years PPAs with sovereign rated counterparties – The transaction is for a fully completed…

Adani Green Energy raises USD 1.35 billion in one of Asia’s largest project financing deals

AHMEDABAD, India, March 18, 2021 /PRNewswire/ — Adani Green Energy Limited (AGEL) raised a USD 1.35 billion debt package for its under-construction renewable asset portfolio through definitive agreements signed with a group of leading international lenders. The revolving project finance facility…

At TiE Global Summit, Gautam Adani Highlights Driving Factors That Position India To Lead The Global Economy By 2050

Inaugurating day 2 of the TiE Global Summit, prominent entrepreneur and billionaire business magnate Gautam Adani of the Adani Group, congratulated the stakeholders while outlining the three major driving forces that will take India to the top of the global…

Greenko Is Giving Legacy Renewable Players Like Adani A Run For Their Money

In a span of just over a decade, Greenko has risen from strength to strength, rising steadily to the top of India’s Power Exchange.

Adani Emerges Favourite To Land Air India After Mumbai Airport Acquisition

Amid the aviation industry’s worst crisis, Indian conglomerate Adani Enterprises Ltd. is finding one opportunity after another to expand its foray into the aviation industry. As widely reported recently, the Adani Group is looking to acquire a controlling 74% stake in the International Airport of India’s economic hub Mumbai. While the Indian aviation sector might be comatose amid the pandemic restrictions, the country is still the fastest-growing aviation market globally.

Qatar Investment Authority to Invest INR 3,200 Crore in Adani Electricity Mumbai Limited

AHMEDABAD, India, Dec. 11, 2019 /PRNewswire/ — Adani Transmission Limited (“ATL”), Adani Electricity Mumbai Limited (“AEML”) and a subsidiary of Qatar Investment Authority (“QIA”) have signed definitive agreements for the sale of a 25.1% stake in AEML to QIA and for…

Adani inks pact with US firm to build Mega Data Centre Infra

In a strategic move to accelerate its foray into the data centre domain, the 13 billion dollar Adani Group on Tuesday announced a partnership with San Francisco-based Digital Realty, the world’s leading global provider of data centre, co-location and inter-connection solutions.

French energy major Total buys 37.4% stake in Adani Gas

In the largest foreign direct investment in city gas distribution sector by a global energy major, French multinational Total will buy 37.4 per cent stake in Adani Gas to develop multi-offerings in the Indian energy market.

Adani Group sets up new company to manage airport businesses

The diversified Adani Group is adding another revenue stream by entering the airport space and has set up a new company called Adani Airports Ltd.

Adani wants to fulfill Amazon and Google’s data centre needs

Gautam Adani woos Amazon and Google with Indian data hubs as Indian government is weighing a new law that would require data to be stored locally. Gautam Adani is setting his sight on selling data storage services to companies such…