Strategic Value Partners Announces Acquisition of Red Oak Power

Strategic Value Partners Announces Acquisition of Red Oak Power

GREENWICH, Conn. and SAYREVILLE, N.J., July 8, 2025 /PRNewswire/ -- Strategic Value Partners, LLC (together with its affiliates, "SVP"), a global alternative investment firm with approximately $22 billion of assets under management, today announced that its managed funds (the "SVP…

Adani Power Completes Acquisition of 600 MW Vidarbha Power for ₹4000 Cr

Adani Power Ltd. has officially completed the ₹4,000 crore acquisition of Vidarbha Industries Power Ltd. (VIPL), a 600 MW coal-fired power plant located in Butibori, Nagpur district, Maharashtra. Key Highlights of the Acquisition Deal Value: ₹4,000 crore Plant Capacity: 2×300 MW (600 MW total) Location: Butibori, Nagpur, Maharashtra Route: Acquired under the Insolvency and Bankruptcy Code (IBC) Approval: Resolution plan approved by the Mumbai B…