Acme Solar Holdings Ltd is looking to sell 4.84 gigawatts (GW) of solar projects, three people aware of the development said, in a deal that may rank among the country’s biggest green energy transactions. Cantor Fitzgerald (Hong Kong) Capital Markets Ltd is running the sale process for Acme, which has the largest portfolio of solar assets, the people said on condition of anonymity. The development comes amid revival of deal activity in the green energy space in India, home to the world’s largest clean energy programme. “Portfolio consists of 4.84GW of solar assets spread over 12 states, with 25-year PPAs in place at a ₹3.55/kWh weighted average tariff," the sale process documents added. Our core strength is developing and constructing high-quality solar assets, and we will continue to do so.

Source: Mint September 20, 2020 19:07 UTC