The acquisition of Pennar Renewables by Greenko Solar Energy is part of the growing trend of mergers and acquisitions in the Indian renewable energy sector. Ltd to Greenko Solar Energy Pvt. Ltd, the solar energy arm of Greenko Energy Holdings. The acquisition of Pennar Renewables is part of the growing trend of mergers and acquisitions in the Indian renewable energy sector. Financial investors Actis Llp and Equis Energy are also looking to sell their respective Indian renewable platforms—Ostro Energy Pvt.

Source: Mint August 14, 2017 18:45 UTC