Azure Power Sells Non-Core Rooftop Solar Portfolio to Radiance Renewables

The acquisition will cover 152.5 MW of rooftop solar assets of Azure Power

April 5, 2021

/ Rahul Nair
/ Finance and M&A, Solar
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Independent solar power producer Azure Power Global has announced that it had signed a binding agreement to sell its non-core rooftop solar portfolio to Radiance Renewables for ₹5.36 billion (~$73.5 million).

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Rahul Nair

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