OMERS Infrastructure to Acquire 19.4% Stake in Azure Power for $219 Million

Azure Power has 2 GW of operational solar capacity and 5.2 GW of capacity in the pipeline as of June 2021

August 2, 2021

/ Harsh Shukla
/ Finance and M&A, Solar
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OMERS Infrastructure announced that it has signed a stock purchase agreement to acquire a 19.4% stake in Indian independent power (solar) producer Azure Power Global for $219 million from International Finance Corporation (IFC) and IFC GIF Investment Company.

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Harsh Shukla

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Azure PowerIFCinvestmentrenewables
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