IndiGrid to Acquire Two Solar Projects in Andhra Pradesh from Spain’s Fotowatio Renewable

The total cost of acquisition has been estimated at ₹6,600 million

December 21, 2020

/ Rakesh Ranjan
/ Finance and M&A, Solar
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IndiGrid Investment Managers Limited announced that it had signed a securities purchase agreement to acquire two solar projects of capacity 50 MW each from Madrid-based developer Fotowatio Renewable Ventures (FRV), FRV Solar Holdings Limited.

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Rakesh Ranjan

More articles from Rakesh Ranjan.
AcquisitionAndhra PradeshFRVIndiGrid InvestmentSolar
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