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Premier Energies enters solar inverter segment with acquisition of KSolare Energy in JV with Syrma SGS
Summary by Pv Magazine India
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Premier Energies enters solar inverter segment with acquisition of KSolare Energy in JV with Syrma SGS
Premier Energies Ltd will acquire a 51% stake in solar inverter manufacturing company KSolare Energy for around INR 86.7 crore. Syrma SGS Technologies will co-acquire the remaining 49% stake for INR 83.3 crore.Premier Energies Ltd has announced that its Board of Directors has approved the acquisition of solar inverter manufacturing company KSolare Energy. The Company will acquire 51% of the issued and paid-up equity share capital of KSolare Ener…
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