GIP and Edelweiss submit bids for Engie's Indian solar assets

In:

Renewables

Region:

Asia-Pacific

Global Infrastructure Partners (GIP) and Edelweiss Infrastructure Yield Plus fund have both submitted firm offers for Engie's $400 million Indian solar portfolio according to ETEnergyworld sources. Actis recently backed out of the race. The GIP India bid is believed to entail a cash offer and...

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