Canada Pension Plan Investment Board ( CPPIB ) has placed several pre-conditions to acquire Japan’s SoftBank Group Corp.’s controlling stake in SB Energy Holdings for an estimated $520 million, said two people aware of the development. View Full Image India's green energy space has seen plenty of deal activity in recent years. SoftBank owns 80% in SB Energy, which has a 7.7GW solar power portfolio in India. The stake sale efforts follow SB Energy dropping its plan in July last year to raise $600 million through a dollar bond. Despite these issues, there has been growing interest in India’s green economy with several deals in play.

Source: Mint February 11, 2021 17:49 UTC