- ReNew signs binding agreements for the acquisition of two operating portfolios
- 99MW hydropower project in Uttarakhand,
- 260MW/330MWp solar projects in the state of Telangana
- The combined enterprise value of the acquisitions is around INR 28.5 billion (US$ 384.0 million)
- Adds approximately INR 3.8 – 4.0 billion (US$ 50.7 – 53.4 million) of EBITDA on a full-year basis
- ReNew announces its entry into hydropower, enabling it to expand its offerings and provide value-added solutions to the market
- The transaction is expected to earn an equity return within ReNew’s targeted range and is another step towards meeting its growth targets
Air Products’ Middle East Merchant Industrial Gas Joint Venture, Abdullah Hashim Industrial Gases & Equipment Co., Acquires Air Liquide’s Merchant Industrial Gases Business In The Kingdom Of Saudi Arabia; No Terms Disclosed
Acquisition of Air Liquide Al Khafrah Industrial Gases includes liquid bulk, packaged gases and specialty gases and builds on prior acquisitions of Air Liquide's industrial merchant gas assets in the region
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