TAG: "acquisition"

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LNJ Bhilwara Acquires Statkraft’s 49 Percent Stake in Malana Power Company

LNJ Bhilwara Group has acquired Statkraft’s 49 percent stake in Malana Power Company, becoming the company's sole owner. Its portfolio includes the 86 MW Malana hydropower plant and 192 MW Allain Duhangan hydropower plants in Himachal Pradesh.

Acquisition | September 10, 2025 | By Mrinmoy Dey |  926

ACME Solar to Acquire AK Renewable Infra for INR 79.25 Crore

ACME Solar Holdings has approved the acquisition of AK Renewable Infra for INR 79.25 crore to strengthen its renewable energy project pipeline in Rajasthan. The latter has already secured all development rights, including land, connectivity and associated approvals for 300 MW capacity in Rajasthan.

Acquisition | September 09, 2025 | By Mrinmoy Dey |  732

Bosch Group Acquires Johnson Controls' HVAC Business

The acquisition of the residential and light commercial heating, ventilation, and air conditioning (HVAC) business from Johnson Controls and the acquisition of the Johnson Controls-Hitachi Air Conditioning joint venture were completed as scheduled on July 31. The contracts were signed roughly one year ago.

Acquisition | August 07, 2025 | By News Bureau |  1203

ENGIE North America to Acquire 22 NEM Solar Projects in Pennsylvania from Prospect14

ENGIE North America (ENGIE) announced an agreement to acquire a portfolio of 22 net energy metered (NEM) solar energy projects, totaling more than 70 MW in Pennsylvania from Prospect14, a Pennsylvania-based solar energy developer.

Acquisition | July 24, 2025 | By News Bureau |  642

Amber Group Enters into Solar Inverter and BESS by Acquiring Majority Stake in PowerOne Micro Systems

IL JIN Electronics India, a subsidiary of Amber Group, has signed definitive agreements to acquire a majority stake in Bengaluru-based PowerOne Micro Systems, a solar inverter and energy solutions provider, marking its strategic entry into the fast-growing solar inverter, BESS, and EV charger segments.

Acquisition | July 07, 2025 | By Mrinmoy Dey |  1800

Inox Neo Energies Acquires Skypower Solar India's 50 MW Portfolio for INR 265 Crores

Inox Neo Energies Private Limited has completed the acquisition of Skypower Solar India Private Limited, which has a portfolio comprising 50 MW (AC) / 57.5 MW (DC) of solar power assets located in Madhya Pradesh.

Acquisition | June 30, 2025 | By News Bureau |  619

AM Green Signs Agreement to Acquire 17.5 percent Equity Stake in Greenko from ORIX

This investment will provide ORIX long-term exposure to green hydrogen, ammonia, SAF and other next-gen molecules, aligning with its capital recycling strategy.

Acquisition | June 30, 2025 | By News Bureau |  769

Avalon ST Expands Market Reach with Acquisition of PASAN SA

PASAN SA and Avalon ST will integrate operations and workforce in Neuchâtel, Switzerland, and Shanghai.

Acquisition | June 11, 2025 | By Abha Rustagi |  1046

Revera Energy Acquires Amp Energy’s Australia and UK Businesses

Amp Energy has announced the sale of its Australia and UK businesses to Revera Energy, an independent energy platform launched by global investment firm and Amp’s longtime partner Carlyle.

Acquisition | May 22, 2025 | By Mrinmoy Dey |  1247

Waaree Energies’ Board Approves Acquisition of Kamath Transformers for INR 293 Crore

Waaree Energies has approved the acquisition of Kamath Transformers for approximately INR 293 crore and Green New Delhi Forever Energy for INR 1 lakh as part of its business expansion and IPP project strategy. Both deals are set to close in FY 2025-26.

Acquisition | May 20, 2025 | By Mrinmoy Dey |  1015

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