Chennai, India-based IDFC Alternatives, the asset management arm of the infrastructure-focused lender, is in talks to buy Arizona-based First Solar’s 200 megawatts of renewable power assets in India in a deal potentially valued at around $200 million. Livemint reports that First Solar is one of the first overseas companies to...
Infrastructure Investments up 17 Percent in India
According to data from Mumbai, India-based investment bank Equirus Capital, India's infrastructure sector raised a total of $3.49 billion across 33 transactions in Fiscal Year 2017 compared with $2.98 billion raised in 31 transactions in 2016, an increase of over 17 percent. The data also showed that the majority of...