JSW to Buy Temasek-Backed Clean Energy Projects for $1.5 Billion

JSW to Buy Temasek-Backed Clean Energy Projects for $1.5 Billion

(Bloomberg) — India’s JSW Energy Ltd. has agreed to buy clean energy projects from O2 Power Pooling Pte for about $1.5 billion in an all-cash deal, according to a stock exchange filing Friday.

JSW Energy acquires 4,696 mw renewable energy platform

Mumbai: JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has signed a definitive agreement to acquire a 4,696 MW renewable energy platform from O2 Power Pooling Pte. Ltd. According to JSW Energy, the platform, valued at approximately Rs12,468 crores (around USD 1.47 billion), will significantly boost JSW Energy’s renewable energy capacity. The acquisition, subject to approval by the Competition Commission of India (CCI) a…

JSW Neo Energy Acquires 4,696 MW Renewable Energy Platform from O2 Power

JSW Neo Energy acquires O2 Power’s 4,696 MW renewable energy platform for ₹12,468 crores, boosting its capacity by 23% to 24,708 MW. Spanning seven Indian states, the platform features long-term PPAs, high-credit off-takers, and robust operational potential. This acquisition strengthens JSW Energy’s leadership in India’s renewable sector and supports its ambitious growth and sustainability goals.

EQT to Exit Indian Renewable Energy Platform O2 Power - PressReach

EQT and Temasek to sell O2 Power to JSW Neo Energy for USD 1.5 billion. O2 Power was established as a new company in 2020 by EQT and Temasek and has since grown to become a leading player in India’s renewable energy sector, achieving 4.7 gigawatt of total capacity. O2 Power represents EQT’s first infrastructure investment in Asia Pacific, as well as EQT’s first infrastructure exit in the region. STOCKHOLM, Dec. 27, 2024 /PRNewswire/ — EQT Infra…

JSW Energy acquires 4,696 mw renewable energy platform from O2 power for Rs 12,468 crore - ChiniMandi

JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has signed a definitive agreement to acquire a 4,696 MW renewable energy platform from O2 Power Pooling Pte. Ltd. According to JSW Energy, the platform, valued at approximately Rs 12,468 crores (around USD 1.47 billion), will significantly boost JSW Energy’s renewable energy capacity. The acquisition, subject to approval by the Competition Commission of India (CCI) and othe…

JSW Energy Acquiring Temasek-Co-owned O2 Power for $1.47 Bn

JSW Neo Energy, a wholly-owned subsidiary of JSW Energy, has signed a definitive agreement to acquire O2 Power Pooling's renewable energy platform for an enterprise valuation of $1.47 billion (approximately ₹12,468 crore). This acquisition, which is expected to be completed by May 26, will significantly boost JSW Energy's renewable energy capacity and help it achieve its target of 20 GW capacity by 2030. The acquisition is JSW Energy's largest s…